5,784 SF Retail Center For Sale

  SOLD April 2024 for $1,108,000

960 12th Street, Vero Beach, Florida 32960


Building Size5,784 Square Feet
Land Size0.54 Acres
Zoning(IG) (General Ind. District)
WaterCounty
ElectricFPL
Year Built1978

FEATURES:

  • Central Retail Location!
  • Excellent visibility with quick access to Beaches & Shopping!
  • Fully Leased, Two Tenant Retail Building
  • All Leases have NNN Structure
  • Flat Roof, with Metal Mansard
  • Concrete Construction
  • Plenty of paved parking!
  • General Industrial Uses Permitted!

BUILDING: 5,784 SF Retail Building on .54 Ac. with 140 Ft. of Frontage on 12th Street and 166.50 Ft. of Depth
R.E. TAXES: $7,400.97 (2022)
ZONING: (IG) (General Industrial District)
YEAR BUILT: 1978
UTILITIES: FPL (Electric), County Water & Septic
PARKING: 21 Spaces in Front of Building, 6 in Rear
NOI: $80,631.71
CAP RATE: 6.23%
SALE PRICE: $1,295,000


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


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