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.91 Acre Site (3 Parcels) Us1 Street, Vero Beach, FL – $1,995,000

  • $2M Price
  • 6,990 Sqft
  • .91 Acres
  • $2M Price
  • 6,990 Sqft
  • .91 Acres

.91 Acre Site (3 Parcels) Us1 Street

Prime US Hwy 1 frontage comprising of 3 parcels totaling 0.91 acres with 170 ft of US Hwy 1 frontage and additional access points & frontage on 11th St and Commerce Ave. Currently set up with 4 structures including a 3,782 SF free standing commercial building, a separate 1,800 SF free standing auto repair building, a 1,288 SF residential duplex and a 120 SF metal storage structure. Ideal redevelopment site with over 23,500 cars passing each day. Very visible location with major retailers all around. Existing income in place while developing. Owner financing possible of 70% LTV at 7% interest.

Essential Information

  • MLS® #RX-10964629
  • Price$1,995,000
  • Square Footage6,990
  • Acres0.91
  • Year Built1953
  • TypeCommercial
  • Sub-TypeIndustrial, Retail, Income
  • StatusActive Under Contract

Style

Industrial, Automotive, Mini Warehouse, Office/Retail, Office Space, Resident. Multi-Fam., Retail

Community Information

  • Area5940
  • SubdivisionROSEDALE GARDENS SUB
  • CityVero Beach
  • CountyIndian River
  • StateFL
  • Zip Code32960

Address

.91 Acre Site (3 Parcels) Us1 Street

Amenities

Utilities

3-Phase Electric, Public Water, Cable

Interior

  • AppliancesBuilding and Land
  • HeatingCentral
  • CoolingCentral
  • # of Stories1

Exterior

  • Lot Description3 Parcel Commercial
  • RoofComp Shingle, Comp Rolled
  • ConstructionBlock, Concrete

Additional Information

  • Listing Courtesy ofRennick Real Estate
  • Date ListedMarch 1st, 2024
  • ZoningCH
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