770 North Drive, Melbourne, FL 32934
$1,625,000
Property Type:
Commercial Sale
Square Footage:
9,640
Lot Size (sq. ft.):
50,094
Status:
Closed
Current Price:
$1,625,000
List Date:
2/23/2023
Last Modified:
11/02/2024
Description
Price reduced office building to only $181/ft. Centrally located sharp looking and well-maintained office building for sale with several possible uses including; light assembly, electronic assembly, research laboratory, light manufacturing, financial institution, retail, service business and many more under M-1 zoning. This building has been fitted with dedicated fiber lines and has a server room that connects with each room in the building. Very impressive design with 9ft ceilings. Behind the building is wooden decking overlooking a pond and lush vegetation giving the occupants a great outdoor break area. It currently has two tenants, one is long term and the other is short term. Square footage of the building is 9,640 and it is fully air conditioned.
More Information MLS# 932593
Location, Tax, and Legal
Tax Account: 2736151
Parcel Number: 27-36-23-76-0000b.0-0001.00
General County Location: Central
Tax Annual Amount: 12936.5
Tax Year: 2021
Tax Legal Description: NORTH DRIVE INDUSTRIAL PLAZA LOT 1 BLK B
Directions: Just west of the new Amazon distribution center on Sarno Rd. This property is on the corner of Sarno and North Dr.
General Property Information
Number Of Units Total: 2
Stories Total: 1
Building Area Total: 9640
Lot Size Acres: 1.15
Association YN: No
Property Use: C-OFFICE BUILDING - MULTI TENANT - 1 STORY (1710)
Water Body Access YN: No
Waterfront YN: Yes
Use Code: 17 / OFFICE, ONE STORY
List Price/SqFt: 181.54
Sold Price/SqFt: 168.57
Year Built: 1999
Remarks and Miscellaneous
Public Remarks: Price reduced office building to only $181/ft. Centrally located sharp looking and well-maintained office building for sale with several possible uses including; light assembly, electronic assembly, research laboratory, light manufacturing, financial institution, retail, service business and many more under M-1 zoning. This building has been fitted with dedicated fiber lines and has a server room that connects with each room in the building. Very impressive design with 9ft ceilings. Behind the building is wooden decking overlooking a pond and lush vegetation giving the occupants a great outdoor break area. It currently has two tenants, one is long term and the other is short term. Square footage of the building is 9,640 and it is fully air conditioned.
Construction Materials
Stucco: 1
Other: 1
Cooling
Central Air: 1
Current Use
Commercial: 1
Electric
220 Volts: 1
Flooring
Carpet: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Waterfront Features
Lake Front: 1
Pond: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 100
Clear Ceiling Height: 9
Meeting Room: 1
Office: 1
Private Restroom: 1
Ceiling Type
Acoustic: 1
Existing Lease Type
Net: 1
Location
City: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Current Zoning: M-1, Legal/Misc-Home Warranty: No
Contract Information
Current Price: $1,625,000
Original List Price: 1950000
Sold Price: $1,625,000
Status: Closed
Listing Contract Date: 2022-04-18
Property Sub Type: Business
Location Tax and Legal
Street Number: 770
Street Name: North
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32934
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: North Drive Industrial Plaza
Status Change Information
Major Change Timestamp: 2023-11-11T09:38:04Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-03-30T17:29:33Z
Status Change Timestamp: 2023-07-15
Purchase Contract Date: 2023-04-24
Close Date: 2023-07-13
Close Price: 1625000
Property Features
Building Features: Meeting Room; Office; Private Restroom
Ceiling Type: Acoustic
Construction Materials: Stucco; Other
Cooling: Central Air
Current Use: Commercial
Electric: 220 Volts
Existing Lease Type: Net
Flooring: Carpet
Heating: Central
Listing Terms: Cash; Conventional; Lease Option
Possession: Close Of Escrow
Sale Includes: Building & Land
Sewer: Public Sewer
Showing Requirements: Appointment Only; Call Listing Agent
Water Source: Public
Waterfront Features: Lake Front; Pond
Listing Office:
One Commercial Real Estate
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.