$2,725,000
Melbourne, FL 32940
MLS# 845203
Status: Closed

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Property Description
Amazing location close to Suntree, beaches, Merritt Isalnd, and PAFB. Exceptional visibility -Traffic count of more than 30,000 cars per day. Beautiful facility with 32,300 SF of air conditioned, remodeled space. Currently used as a climbing gym and recreation center with café, but CP Zoning offers liberal use. The building sits on 7.16 acres with plenty of room for expansion or additional buildings or amenities with height up to 40 ft. Overlooking the Indian River with riverfront property included.Current owner invested more than $600,000 in remodel, including electrical and HVAC. New sewer lines and lift station installed. Existing user may lease back if Buyer would like. Fantastic site for business or recreation/aquatic center with great parking. Fenced property with pylon sign.
Details
Maps
Location, Tax, and Legal
Tax Account: 2609834
Parcel Number: 26-37-30-00-00012.0-0000.00
General County Location: South
Tax Annual Amount: 37076
Tax Year: 2018
Tax Legal Description: N 1/2 OF S 1/2 OF LOT 2 W OF US HWY 1 & E OF OLD DIXIE HWY EXC ORB 4420 PG 1988
Directions: Less than one mile south of the Pineda Causeway on the west side of US1.
General Property Information
Number Of Units Total: 1
Stories Total: 1
Building Area Total: 32300
Lot Size Acres: 7.16
Association YN: No
Property Use: C-RECREATION HALL (3220)
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Indian River
Use Code: 27 / AUTO SALES, REPAIR, ETC
List Price/SqFt: 123.68
Sold Price/SqFt: 84.37
Year Built: 1996
Remarks and Miscellaneous
Public Remarks: Amazing location close to Suntree, beaches, Merritt Isalnd, and PAFB. Exceptional visibility -Traffic count of more than 30,000 cars per day. Beautiful facility with 32,300 SF of air conditioned, remodeled space. Currently used as a climbing gym and recreation center with café, but CP Zoning offers liberal use. The building sits on 7.16 acres with plenty of room for expansion or additional buildings or amenities with height up to 40 ft. Overlooking the Indian River with riverfront property included.Current owner invested more than $600,000 in remodel, including electrical and HVAC. New sewer lines and lift station installed. Existing user may lease back if Buyer would like. Fantastic site for business or recreation/aquatic center with great parking. Fenced property with pylon sign.
Cooling
Central Building: 1
Electric: 1
Current Use
Commercial: 1
Flooring
Vinyl: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Possession
Negotiable: 1
Roof
Metal: 1
Security Features
Fire Sprinkler System: 1
Secured Lobby: 1
Security Fence: 1
Security System Owned: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Corporate Owned: 1
Use Conforms to Zone: 1
Water Source
Public: 1
Waterfront Features
River Front: 1
Showing Requirements
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Building Features
% Air Conditioned or Heated: 100
Clear Ceiling Height: 20
Fenced: 1
Kitchen Facilities: 1
Lobby: 1
Overhead Doors: 1
Public Restroom: 1
Reception Area: 1
Restaurant: 1
Separate Office Area: 1
Showroom: 1
Location
City: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 2: Site Description-Fenced: Y
Public Historical Remarks 3: Current Zoning: CP, Utilities-3-Phase Electric: Y
Contract Information
Current Price: $2,725,000
Original List Price: 4250000
Sold Price: $2,725,000
Status: Closed
Listing Contract Date: 2019-05-13
Property Sub Type: Business
Location Tax and Legal
Street Number: 5270
Street Direction Prefix: N
Street Name: Highway 1
Street Suffix: Highway
County: Brevard
State: FL
Postal Code: 32940
MLS Area Major: 322 - NE Melbourne/Palm Shores
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2023-11-11T09:28:43Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-05-15T18:17:57Z
Status Change Timestamp: 2021-02-03
Purchase Contract Date: 2020-12-10
Close Date: 2021-02-03
Close Price: 2725000
Property Features
Building Features: Fenced; Kitchen Facilities; Lobby; Overhead Doors; Public Restroom; Reception Area; Restaurant; Separate Office Area; Showroom
Cooling: Central Building; Electric
Current Use: Commercial
Flooring: Vinyl
Heating: Central; Electric
Listing Terms: Cash; Conventional
Lot Features: Other
Possession: Negotiable
Roof: Metal
Sale Includes: Building & Land
Security Features: Fire Sprinkler System; Secured Lobby; Security Fence; Security System Owned; Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Call Listing Agent; Listing Agent Must Accompany
Special Listing Conditions: Corporate Owned; Use Conforms to Zone
Water Source: Public
Waterfront Features: River Front
Listing Office: Coldwell Banker Paradise
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.
