Mar y Sol Properties

249 Babcock Street N, Melbourne, FL 32935 (MLS# 769856)


$1,000,000
249 Babcock Street N
Melbourne, FL 32935
MLS# 769856
Status: Closed



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Property Description
Two buildings being sold as one 249 & 293, as is. There are 16 units with possible 25+. Zoned C2 Retail Multiple in desirable location. 8 units rented currently. Rent rolls in documents. Being sold @ $59/ ft.

Details
Maps
Location, Tax, and Legal
Tax Account: 2727989
Parcel Number: 27-37-27-25-0000f.0-0001.00
General County Location: South
Tax Annual Amount: 13450.5
Tax Year: 2016
Tax Legal Description: ANNIE LAURIE GARDENS LOTS 1,2,3,4,20,21,22,23 EX ST R/W BLK F
Directions: From Eau Gallie Blvd and US HWY#1 go south on US HWY#1. Turn right onto Babcock St. Property is on left side b/t Ella St and Elton St.
General Property Information
Number Of Units Total: 22
Stories Total: 1
Building Area Total: 33429
Lot Size Acres: 1
Association YN: No
Property Use: C-RETAIL STORE - MULTIPLE UNITS (1110)
Water Body Access YN: No
Waterfront YN: No
Use Code: 11 / STORES, ONE STORY
List Price/SqFt: 44.84
Sold Price/SqFt: 29.91
Year Built: 1959
Remarks and Miscellaneous
Public Remarks: Two buildings being sold as one 249 & 293, as is. There are 16 units with possible 25+. Zoned C2 Retail Multiple in desirable location. 8 units rented currently. Rent rolls in documents. Being sold @ $59/ ft.
Construction Materials
Concrete: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Possession
Close Of Escrow: 1
Roof
Steel Joist: 1
Security Features
Smoke Detector(s): 1
Special Listing Conditions
Presently Leased: 1
Utilities
Water Available: 1
Showing Requirements
Call Listing Agent: 1
Building Features
Clear Ceiling Height: 15600
Location
Shopping Center: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Current Zoning: C2
Contract Information
Current Price: $1,000,000
Original List Price: 1999999
Sold Price: $1,000,000
Status: Closed
Listing Contract Date: 2016-11-15
Property Sub Type: Business
Location Tax and Legal
Street Number: 249
Street Name: Babcock
Street Suffix: Street
Street Direction Suffix: N
County: Brevard
State: FL
Postal Code: 32935
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: Annie Laurie Gardens
Status Change Information
Major Change Timestamp: 2023-11-11T09:27:46Z
Major Change Type: Price Reduced
Price Change Timestamp: 2017-02-03T16:39:09Z
Status Change Timestamp: 2017-03-30
Purchase Contract Date: 2017-02-22
Close Date: 2017-03-29
Close Price: 1000000
Property Features
Construction Materials: Concrete
Cooling: Central Air; Electric
Current Use: Commercial
Flooring: Carpet
Heating: Central
Listing Terms: Cash; Conventional; Lease Option
Location: Shopping Center
Possession: Close Of Escrow
Roof: Steel Joist
Sale Includes: Building & Land
Security Features: Smoke Detector(s)
Showing Requirements: Call Listing Agent
Special Listing Conditions: Presently Leased
Utilities: Water Available

Listing Office: Coldwell Banker Realty

Last Updated: November - 01 - 2024

Information is deemed to be reliable, but is not guaranteed.