Retail For Rent

825 .91 Acre Site (3 Parcels) Us1 Street, Vero Beach, FL 32960

$1,995,000
0.91
Property Description

Prime US Hwy 1 frontage comprising of 3 parcels totaling 0.91 acres with 170 ft of US Hwy 1 frontage and additional access points & frontage on 11th St and Commerce Ave. Currently set up with 4 structures including a 3,782 SF free standing commercial building, a separate 1,800 SF free standing auto repair building, a 1,288 SF residential duplex and a 120 SF metal storage structure. Ideal redevelopment site with over 23,500 cars passing each day. Very visible location with major retailers all around. Existing income in place while developing. Owner financing possible of 70% LTV at 7% interest.

Basic Details
Listing Type : For Rent
Price : $1,995,000
Features
: Central
Central
Concrete,Other
No
Comp Rolled,Comp Shingle
Location
US
FL
Indian River
Vero Beach
32960
Located on the east side of US Hwy 1 at the SE corner of 11th St.
825 .91 Acre Site (3 Parcels) Us1 Street, Vero Beach, FL 32960
Extended Details
Virtual Tour URL
ROSEDALE GARDENS SUB
03.14.2024
Block,Concrete
Cash,Conventional,Owner
Cable,Electric,Public Water
3
CH
Yes
2023
At Closing
$0
Rennick Real Estate
Steven A Rennick
1.0
70.00
4156.02
beachesmls
Property TypeRetail
StatusActive Under Contract
Listing IDRX-10964629
Year Built1953
Lot Area0.91
Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

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