$950,000
Melbourne, FL 32904
MLS# 932424
Status: Closed
9288 sqft
1 / 7
Property Description
Talk about an opportunity. First time on the market in over 50 years, this fantastic, highly visible property sits just 200 yards from the intersection of Dairy Rd and US-192 in the heart of Melbourne. Over 35,000 vehicles pass thru this intersection daily. The 9,288 sqft block building includes full commercial kitchen, large bar area, multiple meeting rooms etc. and sits on 1.98 Acres. Incredible potential for repurposing, and/or redevelopment. Amazing possibilities at this location with the current I-B zoning. Permitted uses include Commercial, Industrial, Institutional, and Residential. In addition, the Ice dispensary is on a land lease and can continue as a source of additional income. Opportunity, Timing, Price and Zoning all come together to make this one a very rare deal.
Details
Maps
Location, Tax, and Legal
Tax Account: 2820248
Parcel Number: 28-37-05-79-0000b.0-0007.00
General County Location: South
Tax Annual Amount: 1330.88
Tax Year: 2021
Tax Legal Description: CLINES CORNER LOTS 7 TO 10 BLK B & S 320 FT OF N 410 FT OF LOT 12 BLK B OF PB 14 PG 7 EXC RD R/W
Directions: From US192 in Melbourne, take Dairy Rd South. Building is approximately 200 years on the right.
General Property Information
Number Of Units Total: 1
Building Area Total: 9288
Lot Size Acres: 1.98
Association YN: No
Property Use: C-CLUBS, LODGES, AND UNION HALLS (7700)
Water Body Access YN: No
Use Code: 77 / CLUBS, LODGES, UNION HALLS
List Price/SqFt: 107.67
Sold Price/SqFt: 102.28
Year Built: 1970
Remarks and Miscellaneous
Public Remarks: Talk about an opportunity. First time on the market in over 50 years, this fantastic, highly visible property sits just 200 yards from the intersection of Dairy Rd and US-192 in the heart of Melbourne. Over 35,000 vehicles pass thru this intersection daily. The 9,288 sqft block building includes full commercial kitchen, large bar area, multiple meeting rooms etc. and sits on 1.98 Acres. Incredible potential for repurposing, and/or redevelopment. Amazing possibilities at this location with the current I-B zoning. Permitted uses include Commercial, Industrial, Institutional, and Residential. In addition, the Ice dispensary is on a land lease and can continue as a source of additional income. Opportunity, Timing, Price and Zoning all come together to make this one a very rare deal.
Construction Materials
Block: 1
Cooling
Central Building: 1
Current Use
Commercial: 1
Industrial: 1
Multi-Family: 1
Single Family: 1
Flooring
Carpet: 1
Vinyl: 1
Heating
Central: 1
Listing Terms
Cash: 1
Possession
Close Of Escrow: 1
Roof
Wood Truss/Raft: 1
Security Features
Smoke Detector(s): 1
Showing Requirements
Call Listing Agent: 1
Building Features
Clear Ceiling Height: 9288
Location
Central Business District: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Frontage Description: Business District, Legal/Misc-Home Warranty: No
Contract Information
Current Price: $950,000
Original List Price: 1000000
Sold Price: $950,000
Status: Closed
Listing Contract Date: 2022-04-18
Property Sub Type: Business
Location Tax and Legal
Street Number: 2150
Street Name: Dairy
Street Suffix: Road
County: Brevard
State: FL
Postal Code: 32904
MLS Area Major: 331 - West Melbourne
Subdivision Name: Clines Corner
Status Change Information
Major Change Timestamp: 2022-08-04T20:42:10Z
Major Change Type: Status Change
Status Change Timestamp: 2022-08-04
Purchase Contract Date: 2022-04-18
Close Date: 2022-08-04
Close Price: 950000
Property Features
Construction Materials: Block
Cooling: Central Building
Current Use: Commercial; Industrial; Multi-Family; Single Family
Flooring: Carpet; Vinyl
Heating: Central
Listing Terms: Cash
Location: Central Business District
Possession: Close Of Escrow
Roof: Wood Truss/Raft
Sale Includes: Building & Land
Security Features: Smoke Detector(s)
Showing Requirements: Call Listing Agent
Listing Office: JM Real Estate
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.