825 .91 Acre Site (3 Parcels) Us1 Street, Vero Beach, FL 32960
$1,995,000
Price
Property Type:Retail
Status:Active Under Contract
Listing ID:RX-10964629
Year Built:1953
Lot Area:0.91
QR Code
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.