Pending

1005 E Strawbridge Avenue

Melbourne FL, 32901

$1,995,000


$231.49 per sqft

Pending

8,618 sqft

Commercial

Built in 1955

1005 E Strawbridge is located in the heart of Melbourne's Historic Downtown area, which widely regarded as the nucleus of the community.

The building sits in the middle of the action. Spanning over 9,358 square feet on .61 acres. It presents a unique opportunity for a buyer to either renovate and repurpose the existing structure or redevelop it entirely to create a new Multi-Family property, 150 key Hotel or Office Building. With over 275 businesses in this one mile district, the area is a hub of activity. A mixed-use development would be the best and highest use of the property. Listed at $1,995,000, it's an excellent investment opportunity for anyone looking to expand their portfolio or establish a foothold in the Space Coast of Florida.

964457

MLS ID

May 8, 2023

Listed

March 16, 2024

Updated

Map

1005 E Strawbridge Avenue
Melbourne FL, 32901

Interior Features

Floor Description

Carpet, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Building


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.61 Acres


Roof

Rolled/Hot Mop

Other Property Details

Area Name

330 - Melbourne - Central


Taxes

$1,341


Tax Frequency

Annually


Garage

No


View

No


County

Brevard


Pool

No

Courtesy of Reach Commercial Real Estate, Cassandra Hartford,
Listing Contact: 321-300-4773 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Local Life shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.

 

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