2345 14th Ave - Medical FOR SALE


Vero Beach, FL 32960
$2,350,000 USD
772-473-2521
2345 14th Ave, Vero Beach, FL for Sale
$2,350,000 USD
Medical - FOR SALE
1/33
null | Request Cap Rate

2345 14th Ave
Vero Beach, FL 32960


OVERVIEW

Prime Downtown Vero Beach multi-tenant office building! This 11,799 sq ft property sits on .72 acres along 14th Ave and boasts 100% occupancy. With 10 individual units, concrete block construction ensures durability and insurability, Ample parking with 46 spaces supports the seven current tenants, with leases expiring between 2025 and 2027. Below-market rents provide an opportunity to increase ROI upon renewal. Zoned C-1B, allowing for a mix of retail, office, and commercial tenants. A solid investment in a thriving location!

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

undefined, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

C-1B

APN/PARCEL ID

33-39-02-00001-0190-00001.0

ASK ABOUT THIS PROPERTY

Thomas 'TP' KennedyTP Kennedy GroupMore Info
772-473-2521

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Thomas 'TP' KennedyTP Kennedy GroupMore Info
772-473-2521

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