2775 Business Center Boulevard, Melbourne, FL 32940

$1,075,000

Property Type: Commercial Sale Square Footage: 11,932 Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $1,075,000 List Date: 7/13/2019 Last Modified: 8/26/2026

Overview

Description

11,932 sq.ft building divided into 2 equal sides. with 3 PHASE POWER! One side has a tenant in the building since 1988! Currently on a month to month lease but would sign a long term lease if buyer chooses. Tenant paying $2904 a month plus tax & rent could be raised up to market rate. The other side (5966 sq.ft) is empty and can be used by buyer. It has a nice size office area that has 2 bathrooms, reception area, large open space & 2 private offices. There are 2 entries to warehouse from office area. Warehouse is air-conditioned & has 2 over head doors and fire sprinklers throughout. Building is block construction & parking lot has 20 + parking spaces. Storage shed out back w/ a 2 stage industrial air compressor! Location is right off Pineda with easy access to I95 & the beaches

Supplements: beaches

Listing Details MLS# 850492

General Property Information

Number Of Units Total: 2
Building Area Total: 11932
Year Built: 1988
Lot Size Acres: Yes
Property Use: C-LIGHT MANUFACTURING (SMALL EQUIPMENT MFG PLANT, SMALL MACHINE SHOP, INSTRUMENT (4100)
Use Code: 41 / LIGHT MANUFACTURING
Association YN: No
Water Body Access YN: No
List Price/SqFt: 95.12
Sold Price/SqFt: 90.09

Property Features

Building Features: Office; Outside Storage; Overhead Doors; Reception Area; Separate Office Area; Showroom; Storage Ceiling Type: Acoustic; Height Varies; Insulated Construction Materials: Block Cooling: Central Air; Electric Current Use: Commercial Flooring: Carpet; Tile Heating: Central Listing Terms: Cash; Conventional; Lease Option Location: Central Business District Possession: Close Of Escrow Roof: Metal Sale Includes: Building & Land Security Features: Fire Sprinkler System; Security System Owned Sewer: Public Sewer Showing Requirements: Call Listing Agent Utilities: Cable Available Water Source: Public

Contract Information

Original List Price: 1100000
Listing Contract Date: 2019-07-13
Property Sub Type: Business

Location Tax and Legal

Street Number: 2775
Street Name: Business Center
Street Suffix: Boulevard
County: Brevard
State: FL
Postal Code: 32940
MLS Area Major: 322 - NE Melbourne/Palm Shores
Subdivision Name: Wickham Road Business Center N Phase 1

Remarks and Miscellaneous

Public Remarks: 11,932 sq.ft building divided into 2 equal sides. with 3 PHASE POWER! One side has a tenant in the building since 1988! Currently on a month to month lease but would sign a long term lease if buyer chooses. Tenant paying $2904 a month plus tax & rent could be raised up to market rate. The other side (5966 sq.ft) is empty and can be used by buyer. It has a nice size office area that has 2 bathrooms, reception area, large open space & 2 private offices. There are 2 entries to warehouse from office area. Warehouse is air-conditioned & has 2 over head doors and fire sprinklers throughout. Building is block construction & parking lot has 20 + parking spaces. Storage shed out back w/ a 2 stage industrial air compressor! Location is right off Pineda with easy access to I95 & the beaches

Status Change Information

Major Change Timestamp: 2023-11-11T09:28:25Z
Major Change Type: Price Change
Price Change Timestamp: 2019-07-15T14:17:11Z
Status Change Timestamp: 2019-11-26
Purchase Contract Date: 2019-10-08
Close Date: 2019-11-26
Close Price: 1075000

More Information

Building Features

% Air Conditioned or Heated: 50
Clear Ceiling Height: 11992

Income and Expenses

Insurance Expense: 12600
New Taxes Expense: 11000

Historical Information

Public Historical Remarks 3: Utilities-3-Phase Electric: Y

Listing Office: One Sotheby's International

Last Updated: August - 26 - 2026

Information is deemed to be reliable, but is not guaranteed.