Lease to Own
Address
420 S Babcock Street, Melbourne, FL
Price
$ 379,000
Property Attributes
  • MLS#981072
  • TypeCommercial
  • CountyBREVARD
  • CityMelbourne
  • AreaCentral
  • Zip32901
  • StyleBusiness
  • Year Built1956
  • Taxes$ 2935
  • Price$ 379,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2094
  • Lot Size0.17 Acres
Data Source:
Space Coast AOR
Property Description

Excellent opportunity to purchase a 2,094 SF stand-alone concrete block commercial building in the HEART of Melbourne! Interior consists of open configuration with 3 private offices, a break area, a storage room and 1 restroom. Carpet & drop ceiling throughout. City Water/Sewer & FPL Electric. Property has exposure to est. 24,500 VPD on Babcock Street. Zoning is City of Melbourne Neighborhood Commercial (C1) which allows Office, Retail, Medical, Childcare/Schools and more! Property is located approximately halfway between US 192 and Eau Gallie Boulevard. Close proximity to the Melbourne International Airport, Downtown Melbourne, Melbourne Square Mall, and all of the other shopping, dining, and schools that the area has to offer. Make this the future home for your business today!

Price History
11/23/2023 Listed $325,000

General Features

Sewer Public Sewer
Heating None
Cooling Wall/Window Unit(s)
Possession Close Of Escrow
Security Features Smoke Detector(s)
Construction Materials Block,Concrete
Year Built 1956
Property SubType Business
Tax Year 2023
Current Use Commercial
County Brevard
Property Type Commercial Sale
HOA / Comm Assn No
Attached Garage No
Building Features Storage,Kitchen Facilities,Office,Rear Access,Separate Office Area,Showroom
Status Active
Directions Starting on US1 turn south onto Babcock Street. Property will be located on the west side of Babcock Street. If you get to Apollo Boulevard then you have gone too far.
City Melbourne
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 1
MLS Area 330 - Melbourne - Central
Lot Size Units Acres
Lot Size Square Feet 7405.2
Waterfront Y/N No
Land Lease Y/N No
Tax Annual Amount 2935.0
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/981072
Standard Status Active
MobileHomeRemainsYN No
Legal Description INDIAN RIVER BLUFF NO 3 LOT 286 & N 1/2 OF LOT 287

Interior Features

Flooring Carpet
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N No
Electric On Property Y/N No
Total Baths 1

Exterior Features

Parking Features Off Street
Lot Features Cleared
Water Source Public
Inclusions {u'Building & Land': True}
Lot Size Area 0.17
Spa No
Lot Size Acres 0.17
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 $870K
$380K
Taxes
AVG $5,403
$2,935
Visits
AVG 125
141
Data Provided by Inside Real Estate®
Year Built
AVG 1976
1956
Walkscore
AVG 62
58
Data Provided by Walkscore® not using MLS data