Address
429 S Babcock Street, Melbourne, FL
Price
$ 2,250,000
Property Attributes
  • MLS#972983
  • TypeCommercial
  • CountyBREVARD
  • CityMelbourne
  • AreaCentral
  • Zip32901
  • StyleBusiness
  • Year Built1965
  • Taxes$ 3418
  • Price$ 2,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3100
  • Lot Size0.42 Acres
Data Source:
Space Coast AOR
Property Description

Plans, approvals, & full build out for adding new gas tanks, 4 gas pumps with 8 nozzles now available at this premier location for $2.25M. Nestled centrally in Midtown Melbourne between the Eau Gallie & Melbourne Causeways. Zoned C-2 Commercial. 150 Ft of frontage on Babcock St. High Traffic Count -21,000 AADT. The Space Coast and Melbourne in particular are experiencing exponential growth. An influx of highly skilled and well-paid workers has migrated into the area due to no state income taxes, tax incentives for large companies, corporate mergers, and small start-ups. With three major residential projects planned for Downtown Melbourne, the future for Melbourne and Florida's booming Space Coast is looking very bright. From start-ups and mid-sized enterprises to high-tech goliaths, the Space Coast corporate neighborhood hosts an impressive group of innovative organizations in a variety of sectors.

Price History
8/19/2023 Listed $2,250,000

General Features

Heating Central
Cooling Central Building
Possession Close Of Escrow
Roof Rolled/Hot Mop
Security Features Fire Sprinkler System,Smoke Detector(s)
Year Built 1965
Property SubType Business
Tax Year 2022
Current Use Commercial
County Brevard
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions Harbor City Blvd. to S on Babcock on left before RR tracks. Or North on Babcock St. 200 feet after crossing RR tracks. Across Babcock St fromNeiman Ave.
City Melbourne
View Y/N No
Senior Community Y/N No
Total Units 1
MLS Area 330 - Melbourne - Central
Lot Size Square Feet 18295.2
Waterfront Y/N No
Street Name Babcock
Land Lease Y/N No
Tax Annual Amount 3418.39
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor 330 - Melbourne - Central
Additional Parcels Y/N No
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/spc/972983
Standard Status Active
Taxes 3826.01
MobileHomeRemainsYN No
Legal Description INDIAN RIVER BLUFF AMENDED PLAT NO 2 LOTS 260,262,264 EXC E 10 FT OF LOT 260 & E 10 FT OF N 1/2 OF LOT 262

Interior Features

Flooring Carpet,Terrazzo
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Street
Electric On Property Y/N No

Exterior Features

Inclusions {u'Building & Land': True,u'Business with Real Estate': True}
Lot Size Area 0.42
Spa No
Lot Size Acres 0.42
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32901

Price
AVG $910K
$2.25M
Taxes
AVG $5,524
$3,418
Visits
AVG 102
127
Data Provided by Inside Real Estate®
Year Built
AVG 1976
1965
Walkscore
AVG 64
60
Data Provided by Walkscore® not using MLS data