Multi Tenant Office Building
SOLD October 2021 for $1,400,000
110 & 122 43rd Avenue SW, Vero Beach, Florida 32968
| Building Size | 12,628 Square Feet |
| Land Size | 1.2 Acres |
| Zoning | (CG) General Commercial |
| Water | County |
| Sewer | Sewer & Septic |
| Electric | FPL |
| Year Built | 1985 |
FEATURES:
- 100% Leased with Stable Tenants.
- Short Term Leases allow for Flexibility for Investor/Owner-User.
- High Traffic Volume. Approx. 11,000 Cars Per Day.
- Concrete Block Construction.
- Detached 12x32 Metal Storage Building on Property.
- Unit 122 - Currently Occupied by Present Owner. This Unit has a Office with Shower,13x18 Garage/Storage Area with an Overhead Door.
BUILDINGS: 2 Building Totaling 12,628 SF on 1.20 Acres
ZONING: (CG) General Commercial
R.E. TAXES: $12,575.04 (2020)
YEAR BUILT: 1985
UTILITIES: County Water, Sewer & Septic, FPL
NOI: $85,124.28
CAP RATE: 5.6%
SALE PRICE: $1,500,000
Agent
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Office Phone: (772) 778-2334Fax: (772) 569-9155
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.