5th Ave - Storefront Retail/Office FOR SALE


Indialantic, FL 32903
$1,275,000 USD
321-722-0707
5th Ave, Indialantic, FL for Sale
$1,275,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | Request Cap Rate

5th Ave
Indialantic, FL 32903


HIGHLIGHTS

  • 100% Occupancy
  • Excellent Location

OVERVIEW

Indialantic Plaza offers a prime investment opportunity in a highly sought-after location. This 4,233 SF building with four local tenants is on a 0.35-acre parcel and includes a valuable rear parking lot. Walking distance to the beach, the property benefits from strong foot traffic and a retail vacancy rate below 3.00%. Fully occupied with significant upside potential. Proximity to Melbourne, the largest daytime population and employment hub in the county, further enhances its appeal. This property presents a unique opportunity for investors, with redevelopment potential due to its prime location. PLEASE DO NOT DISTURB OR COMMUNICATE WITH THE TENANTS.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$301 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Indialantic Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

C1

APN/PARCEL ID

27-37-36-EO-00008.0-0006.00

ASK ABOUT THIS PROPERTY

Vitor De Sousa, CCIMLightle Beckner Robison, Inc.More Info
321-722-0707

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Vitor De Sousa, CCIMLightle Beckner Robison, Inc.More Info
321-722-0707

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