5270 N Highway 1 1, Palm Shores, FL 32940
$2,900,000
Property Type:
Commercial Sale
Square Footage:
32,300
Lot Size (sq. ft.):
304,920
Status:
Closed
Current Price:
$2,900,000
List Date:
5/13/2014
Last Modified:
11/01/2024
Description
High profile RV dealership showroom facility. Located on US 1 1/2 mile south of the Pineda Cswy. 32300 SF building. Entire building has a fire sprinkler system. Clear span interior with 18' high ceilings with acoustic ceiling tiles in showroom. The 7.16 acre site allows room for additional expansion. There is over 98,000 feet of paving with owner adding approximately an additional 75,000 SF of paving. 10' wide strip on river conveys.The seller is building a new dealership and possession will be 30 days from date of CO of new facility. Owner will require a sale lease back for approximately 12-18 months. Seller will pay a lease rate of $8/SF NNN, $21,533/month.
More Information MLS# 696701
Location, Tax, and Legal
Unit Number: 1
Tax Account: 2609834
Parcel Number: 26-37-30-00-00012.0-0000.00
General County Location: South
Tax Annual Amount: 34855.2
Tax Year: 2014
Tax Legal Description: N 1/2 OF S 1/2 OF LOT 2 W OF US HWY 1 & E OF OLD DIXIE HWY EXC ORB 4420 PG 1988
Directions: US 1, 1/2 mile south of Pineda Cswy. on west side of US 1
General Property Information
Number Of Units Total: 1
Building Area Total: 32300
Lot Size Acres: 7
Association YN: No
Property Use: C-REC. VEH. OR MH SALES/NEW OR USED (2740)
Water Body Access YN: No
Waterfront YN: No
Use Code: 27 / AUTO SALES, REPAIR, ETC
List Price/SqFt: 113
Sold Price/SqFt: 89.78
Year Built: 1996
Remarks and Miscellaneous
Public Remarks: High profile RV dealership showroom facility. Located on US 1 1/2 mile south of the Pineda Cswy. 32300 SF building. Entire building has a fire sprinkler system. Clear span interior with 18' high ceilings with acoustic ceiling tiles in showroom. The 7.16 acre site allows room for additional expansion. There is over 98,000 feet of paving with owner adding approximately an additional 75,000 SF of paving. 10' wide strip on river conveys.The seller is building a new dealership and possession will be 30 days from date of CO of new facility. Owner will require a sale lease back for approximately 12-18 months. Seller will pay a lease rate of $8/SF NNN, $21,533/month.
Construction Materials
Other: 1
Cooling
Central Building: 1
Current Use
Commercial: 1
Electric
200+ Amp Service: 1
220 Volts: 1
Flooring
Carpet: 1
Vinyl: 1
Heating
Central: 1
Listing Terms
Conventional: 1
Lease Back: 1
Lot Features
Other: 1
Possession
Subject To Tenant Rights: 1
Income and Expenses
Net Operating Income: 0
Operating Expense: 0
Roof
Rolled/Hot Mop: 1
Security Features
Fire Alarm: 1
Fire Sprinkler System: 1
Security Lights: 1
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Special Listing Conditions
City Jurisdiction: 1
Use Conforms to Zone: 1
Utilities
Water Available: 1
Other: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 150
Clear Span: 1
Computer Wired: 1
Fenced: 1
Overhead Doors: 1
Public Restroom: 1
Rear Access: 1
Showroom: 1
Storage: 1
Ceiling Type
Acoustic: 1
Insulated: 1
Suspended: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 2: Site Description-Fenced: Y
Public Historical Remarks 3: Current Zoning: CP, Utilities-3-Phase Electric: Y
Contract Information
Current Price: $2,900,000
Original List Price: 3650000
Sold Price: $2,900,000
Status: Closed
Listing Contract Date: 2014-05-12
Property Sub Type: Business
Location Tax and Legal
Street Number: 5270
Street Direction Prefix: N
Street Name: Highway 1
County: Brevard
State: FL
Postal Code: 32940
MLS Area Major: 322 - NE Melbourne/Palm Shores
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2015-09-17T19:38:26Z
Major Change Type: Status Change
Status Change Timestamp: 2015-09-17
Purchase Contract Date: 2015-04-16
Close Date: 2015-09-17
Close Price: 2900000
Property Features
Building Features: Clear Span; Computer Wired; Fenced; Overhead Doors; Public Restroom; Rear Access; Showroom; Storage
Ceiling Type: Acoustic; Insulated; Suspended
Construction Materials: Other
Cooling: Central Building
Current Use: Commercial
Electric: 200+ Amp Service; 220 Volts
Flooring: Carpet; Vinyl
Heating: Central
Listing Terms: Conventional; Lease Back
Lot Features: Other
Possession: Subject To Tenant Rights
Roof: Rolled/Hot Mop
Sale Includes: Building & Land
Security Features: Fire Alarm; Fire Sprinkler System; Security Lights; Smoke Detector(s)
Sewer: Septic Tank
Showing Requirements: Appointment Only; Call Listing Agent
Special Listing Conditions: City Jurisdiction; Use Conforms to Zone
Utilities: Water Available; Other
Listing Office:
Coldwell Banker Paradise
Last Updated: November - 01 - 2024
Information is deemed to be reliable, but is not guaranteed.