1280 S US Highway 1 - Office/Residential FOR SALE


Malabar, FL 32950
$1,300,000 USD
321-308-2270
1280 S US Highway 1, Malabar, FL for Sale
$1,300,000 USD
Office/Residential - FOR SALE
1/58
null | 9.28% Cap Rate

1280 S US Highway 1
Malabar, FL 32950


HIGHLIGHTS

  • +90ft of river frontage

OVERVIEW

Prime location on US 1 in Malabar. This building features 3 units, large deck and 97ft of river frontage. Unit 1 is a large open office space with high ceilings, full kitchen, bath and laundry room. Unit 2 is large open area with 2 work stations, plus 2 private rooms, full bathroom. kitchen and dinette area. Unit 3 features a lobby, reception area, 2 private rooms and half bath. Units 2 and 3 are currently combined. Parking lot has 17 spaces. Owner financing available qualified buyer.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$383 USD /SF

CAP RATE

9.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

Mixed Use - Commercial

APN/PARCEL ID

28-38-31-00-00262.0-0000.00

ASK ABOUT THIS PROPERTY

Kevin HillRE/MAX Alternative Realty, Inc.More Info
321-308-2270

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Kevin HillRE/MAX Alternative Realty, Inc.More Info
321-308-2270

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