5270 N Highway 1 Highway, Melbourne, FL 32940

$2,725,000

Property Type: Commercial Sale Square Footage: 32,300 Lot Size (sq. ft.): 311,890 Status: Closed

Current Price: $2,725,000 List Date: 5/16/2019 Last Modified: 6/27/2026

Overview

Description

Amazing location close to Suntree, beaches, Merritt Isalnd, and PAFB. Exceptional visibility -Traffic count of more than 30,000 cars per day. Beautiful facility with 32,300 SF of air conditioned, remodeled space. Currently used as a climbing gym and recreation center with café, but CP Zoning offers liberal use. The building sits on 7.16 acres with plenty of room for expansion or additional buildings or amenities with height up to 40 ft. Overlooking the Indian River with riverfront property included.Current owner invested more than $600,000 in remodel, including electrical and HVAC. New sewer lines and lift station installed. Existing user may lease back if Buyer would like. Fantastic site for business or recreation/aquatic center with great parking. Fenced property with pylon sign.

Listing Details MLS# 845203

General Property Information

Number Of Units Total: Yes
Stories Total: Yes
Building Area Total: 32300
Year Built: 1996
Lot Size Acres: 7.16
Property Use: C-RECREATION HALL (3220)
Use Code: 27 / AUTO SALES, REPAIR, ETC
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Indian River
List Price/SqFt: 123.68
Sold Price/SqFt: 84.37

Property Features

Building Features: Fenced; Kitchen Facilities; Lobby; Overhead Doors; Public Restroom; Reception Area; Restaurant; Separate Office Area; Showroom Cooling: Central Building; Electric Current Use: Commercial Flooring: Vinyl Heating: Central; Electric Listing Terms: Cash; Conventional Lot Features: Other Possession: Negotiable Roof: Metal Sale Includes: Building & Land Security Features: Fire Sprinkler System; Secured Lobby; Security Fence; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Call Listing Agent; Listing Agent Must Accompany Special Listing Conditions: Corporate Owned; Use Conforms to Zone Water Source: Public Waterfront Features: River Front

Contract Information

Original List Price: 4250000
Listing Contract Date: 2019-05-13
Property Sub Type: Business

Location Tax and Legal

Street Number: 5270
Street Direction Prefix: N
Street Name: Highway 1
Street Suffix: Highway
County: Brevard
State: FL
Postal Code: 32940
MLS Area Major: 322 - NE Melbourne/Palm Shores
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: Amazing location close to Suntree, beaches, Merritt Isalnd, and PAFB. Exceptional visibility -Traffic count of more than 30,000 cars per day. Beautiful facility with 32,300 SF of air conditioned, remodeled space. Currently used as a climbing gym and recreation center with café, but CP Zoning offers liberal use. The building sits on 7.16 acres with plenty of room for expansion or additional buildings or amenities with height up to 40 ft. Overlooking the Indian River with riverfront property included.Current owner invested more than $600,000 in remodel, including electrical and HVAC. New sewer lines and lift station installed. Existing user may lease back if Buyer would like. Fantastic site for business or recreation/aquatic center with great parking. Fenced property with pylon sign.

Status Change Information

Major Change Timestamp: 2023-11-11T09:28:43Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-05-15T18:17:57Z
Status Change Timestamp: 2021-02-03
Purchase Contract Date: 2020-12-10
Close Date: 2021-02-03
Close Price: 2725000

More Information

Building Features

% Air Conditioned or Heated: 100
Clear Ceiling Height: 20
Fenced: Yes
Kitchen Facilities: Yes
Lobby: Yes
Overhead Doors: Yes
Public Restroom: Yes
Reception Area: Yes
Restaurant: Yes
Separate Office Area: Yes
Showroom: Yes

Historical Information

Public Historical Remarks 2: Site Description-Fenced: Y
Public Historical Remarks 3: Current Zoning: CP, Utilities-3-Phase Electric: Y

Location, Tax, and Legal

Tax Account: 2609834
Parcel Number: 26-37-30-00-00012.0-0000.00
General County Location: South
Tax Annual Amount: 37076
Tax Year: 2018
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: Less than one mile south of the Pineda Causeway on the west side of US1.

Cooling

Central Building: Yes
Electric: Yes

Current Use

Commercial: Yes

Flooring

Vinyl: Yes

Heating

Central: Yes
Electric: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Other: Yes

Possession

Negotiable: Yes

Roof

Metal: Yes

Security Features

Fire Sprinkler System: Yes
Secured Lobby: Yes
Security Fence: Yes
Security System Owned: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Corporate Owned: Yes
Use Conforms to Zone: Yes

Water Source

Public: Yes

Waterfront Features

River Front: Yes

Showing Requirements

Call Listing Agent: Yes
Listing Agent Must Accompany: Yes

Location

City: Yes

Sale Includes

Building & Land: Yes

Listing Office: Coldwell Banker Paradise

Last Updated: June - 27 - 2026

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