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UNDER CONTRACT! Institutional Facility

155 E. University Boulevard, Melbourne, Florida 32901
Sold: $1,352,000
UNDER CONTRACT! Institutional Facility

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
16,566 sqft
Land Size
3.92 acres
Sewer
City of Melbourne
Water
City of Melbourne
Zoning
I-1 Industrial Melbourne
Year Built
2001
Parking
75 Spaces
Tax Account
2824109
Univ. Frontage
427 Feet

Property Description

Currently utilized as a place of worship and school, the facility is comprised of five buildings to include a church and four classroom buildings totaling 16,566 sf of space on 3.92 acres. The sanctuary and office building is 11,060 sf and the four classroom buildings are 1,186 sf 1,440 sf 1,440 sf and 650 sf. The buildings were built between 2001 and 2008 and constructed of frame with stucco or siding. Interior layout includes the sanctuary, 9 offices, 15 classrooms, 10 restrooms, storage area, and lunchroom. The 3.92-acre grounds include a fenced play area for the children, a large rear yard, and paved parking with 75 spaces. Church use is RE tax exempt.

Central location in the Heart of Melbourne on the south side of four-lane University Boulevard just east of Babcock Street, also four-lane and a major north/south artery to Melbourne and Palm Bay. Easy highway access as property is one mile west of US Highway 1, 4 miles from I-95 Exit 176 at Palm Bay Road, and 6 miles from I-95 Exit 180 at US Highway 192. Facility is 3 miles from Melbourne International Airport and neighbor to Florida Institute of Technology, a top tier ranked university with programs in science, engineering, aeronautics, business, humanities, psychology, and communication.

Location

Contact

Michael E. Dreyer, CCIM, ALC
Michael E. Dreyer, CCIM, ALC
Dreyer & Associates Real Estate Group
Office: (321) 773-1480
[email protected]