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Investment Opportunity

  SOLD September 2023 for $2,105,000

1060 Old Dixie Highway SW, Vero Beach, Florida 32962


Building Size18,322 Square Feet
Land Size1.7 Acres
Zoning(CH) Heavy Commercial
WaterCounty
ElectricFPL
Year Built1990

FEATURES:

  • Assumable Mortgage at 3.63% Interest
  • New Roofs Replaced on Storage Buildings
  • Easy to Rent Units with Bay Doors / High Ceilings
  • Well Maintained and Locally Managed
  • Multi Tenant Buildings w/ Outside Storage Options
  • Just West of US-1 and South of Oslo Road
  • Concrete Block Construction on Main Building
  • Concrete Drive Throughout

BUILDINGS: 3 Buildings Totaling 18,322 SF
PROPERTY: 1.70 Acres with 267.41 Frontage on Old Dixie Hwy and Approx. 273 Ft. of Depth
YEAR BUILT: 1990 & 2002 (Storage Buildings)
ZONING: (CH) Heavy Commercial
UTILITIES: County Water, Sewer & FPL
R.E. TAXES: $17,919.83 (2022)
NOI: $166,537.34 (6.9% CAP)
SALE PRICE: $2,400,000


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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