Investment Opportunity
SOLD September 2023 for $2,105,000
1060 Old Dixie Highway SW, Vero Beach, Florida 32962
| Building Size | 18,322 Square Feet |
| Land Size | 1.7 Acres |
| Zoning | (CH) Heavy Commercial |
| Water | County |
| Electric | FPL |
| Year Built | 1990 |
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
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.