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1106 W New Haven AVE West Melbourne, FL 32904
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Key Details
Sold Price $1,950,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 11,400 sqft
Price per Sqft $171
Subdivision Westerwold
MLS Listing ID 1026404
Sold Date 12/05/24
HOA Y/N No
Total Fin. Sqft 11400
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 2009
Annual Tax Amount $21,500
Tax Year 2022
Lot Size 1.010 Acres
Acres 1.01
Property Description
This sales includes two buildings which are as follows: 1106-1112 New Haven Ave - Retail - 5,700 sf - 4 units - built in 1991 and 51 Carolina St - Retail / Office - 5,700 sf - 4 units - built in 2009
Currently 3,700 sf is vacant in the New Haven building which can be split into two tenancies. This space was previously occupied by the property owner. The property is located in a high traffic& exposure location with lighted signage on New Haven.
**Proforma Net Operating Income: $142,842
** Includes vacant 3,700 sf leased at $18.00/sf gross.
**Stable tenancy
**High visibility location
**Ideal for owner to use the vacant 3,700 sf and earn cash flow on the remaining property.
Location
State FL
County Brevard
Area 331 - West Melbourne
Direction This property is on the SE corner of West New Haven Ave and Carolina St and is approximately 500 ft west of Dairy Road on New Haven Ave.
Exterior
Exterior Feature ExteriorFeatures
Parking Features Unassigned
Roof Type Metal
Present Use Commercial
Garage No
Building
Lot Description Other
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 28-37-05-01-0000d.0-0018.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
ParcelsYN Yes
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Bought with SouthTrend Realty