Address
653-665 E University Boulevard, Melbourne, FL
Price
$ 1,975,000
Property Attributes
  • MLS#981186
  • TypeCommercial
  • CountyBREVARD
  • CityMelbourne
  • AreaCentral
  • Zip32901
  • StyleBusiness
  • Price$ 1,975,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.98 Acres
Data Source:
Space Coast AOR
Property Description

This is a great business opportunity!! The owner owns both 653 and 665 East University Blvd properties. The 653 E. University property is presently a functioning convenience store and gas station. The 665 E. University property was a beauty supply business and restaurant. It is split into 3 different retail units but can be reconfigured to meet your needs. These properties are located within 3/4 miles of the Florida Institute of Technology University. The main corridor is well traveled and centrally located. The City of Melbourne estimates the traffic flow to be approximately 10,000 vehicles a day. Buyer to verify. This is currently classified as C-1 Neighborhood Zoning Commercial which allows for residential development, restaurant, fast food, office, medical, retail or church.

Price History
11/26/2023 Listed $1,975,000

General Features

Heating Central,Electric
Cooling Central Air,Electric
Possession Close Of Escrow
Roof Metal
Security Features Smoke Detector(s)
Construction Materials Concrete,Stucco
Year Built 1980
Property SubType Business
Tax Year 2022
Current Use Commercial
County Brevard
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions When entering from Babcock Street,go East on University Blvd. The building is on your right. From US-1,go West on University Blvd. The properties will be on your left.
City Melbourne
View Y/N No
Senior Community Y/N No
Total Units 2
MLS Area 330 - Melbourne - Central
Lot Size Square Feet 86248.8
Waterfront Y/N No
Street Name University
Land Lease Y/N No
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/981186
Standard Status Active
MobileHomeRemainsYN No
Legal Description PART OF N 1/2 OF NW 1/4 OF SE 1/4 AS DES IN ORB 2029 PG 589 EX ORB 2521 PG 1825

Interior Features

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

Exterior Features

Inclusions {u'Building & Land': True}
Lot Size Area 1.98
Spa No
Lot Size Acres 1.98
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 $1.01M
$1.98M
Visits
AVG 96
107
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1980
Walkscore
AVG 64
51
Data Provided by Walkscore® not using MLS data