1238-1248 16th St - Storefront FOR SALE


Vero Beach, FL 32960
$1,950,000 USD
772-633-6900
1238-1248 16th St, Vero Beach, FL for Sale
$1,950,000 USD
Storefront - FOR SALE
1/19
null | 7.13% Cap Rate

1238-1248 16th St
Vero Beach, FL 32960


OVERVIEW

Rare Opportunity to own a Mixed Use Commercial Plaza and 16 Storage Units with long term tenants in downtown Vero Beach, FL! This Property is just at 1 acre and features two concrete buildings: 1) Strip Plaza which consists of 6 store fronts to include 8k sq ft and 2) A building to include 16 storage units (Four 20x20 & Twelve 10x20). Multiple sources of income and easy to keep occupied. Centrally located to Beaches, Shopping and Downtown! (Real Estate only For Sale)

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

7.13%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

M

APN/PARCEL ID

33-39-01-00000-5000-00001.1

ASK ABOUT THIS PROPERTY

Ralph SantoroBillero & Billero PropertiesMore Info
772-633-6900

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Ralph SantoroBillero & Billero PropertiesMore Info
772-633-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.