$3,995,000

5270 N Highway 1 Highway

Melbourne FL, 32940

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 cafe, 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.

Details

MLS#845203
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1996
Days On Site532

Features

SQ Feet32,300
Story(s)1
Units1
ZoningCP

Market Activity 32940

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Area Information
StateFL
CityMelbourne
Zip Code32940
Area322 - Palm Shores
Listing VS Median (in 32940)
Price:
$3,995,000
low | high
Med:
$349,000
100% of Average
SqFt:
32,300
low | high
Med:
1,944
100% of Average
$ / SqFt:
$124
low | high
Med:
$180
4.850713597759% of Average
On Site:
532
low | high
Med:
65
100% of Average
Listing Updated: 10/28/2020
Michael Edgar Jaffe LogoMLS Number: 845203
Listing Provided By:
Michael Edgar Jaffe  of  Coldwell Banker Paradise

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