429 S Babcock ST Active

Melbourne,FL 32901

$ 2250000

0 Bed

1 Bath

3100 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,100 sqft

Price per Sqft $725

MLS Listing ID 1039392

Year Built 1965

Annual Tax Amount $3,418

Tax Year 2022

Lot Size 0.420 Acres

Property Sub-Type Business

Property Description

Prime Midtown Melbourne Development Opportunity - $2.25M
Exciting new plans, approvals, and a full build-out are now available for the addition of new gas tanks, four gas pumps with eight nozzles at this premier location.

Strategically positioned in Midtown Melbourne, between the Eau Gallie and Melbourne Causeways, this C-2 Commercial zoned property boasts 150 feet of frontage on Babcock St. with a high traffic count of 21,000 AADT.

Melbourne and Florida's Space Coast are experiencing exponential growth, driven by an influx of highly skilled, well-paid professionals. The area's appeal continues to rise due to no state income tax, corporate tax incentives, mergers, and a thriving start-up ecosystem.

With multiple major residential and commercial developments planned for Downtown Melbourne, the future of this rapidly expanding market looks exceptionally bright. Don't miss this rare investment opportunity!

Location

State FL

County Brevard

Area 330 - Melbourne - Central

Interior

Heating Central

Cooling Central Building

Flooring Carpet,Terrazzo

Inclusions Business with Real Estate, Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Covered

Roof Type Rolled/Hot Mop

Building

Lot Description Other

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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