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1239 16th St 10,668 SF Retail Building Vero Beach, FL 32960 $1,038,000 CAD ($97.30 CAD/SF)
Investment Highlights
- Prime Downtown Vero Beach location at the south end of Historic Downtown
- Large adaptable space ideal for office, retail, nonprofit, or mixed commercial use
- Quality commercial properties in this location rarely become available
- Rare opportunity to acquire a flexible commercial building in a tightly held market
- Recent capital improvements include a new HVAC system installed in 2026
- Excellent visibility and accessibility in one of Vero Beach's most desirable corridors
Executive Summary
1239 16th Street presents a rare opportunity to acquire a well-located commercial property in the heart of Vero Beach. Situated at the south end of Historic Downtown, this premier location places businesses within close proximity to the area's shopping, dining, professional services, and cultural destinations. Quality commercial buildings in established downtown locations rarely become available, making this a unique offering for investors and owner-users alike.
The property features a large and flexible interior layout that can accommodate a variety of commercial uses. Whether utilized for office, retail, creative workspace, nonprofit operations, or a combination of uses, the adaptable floor plan provides future owners with the versatility needed to support changing business needs. A recently replaced HVAC system in 2026 adds immediate value and helps minimize near-term capital expenditures.
This exceptional downtown asset is positioned on an irregular-shaped lot in one of Florida's most desirable coastal communities. The seller is currently working through a separate transaction related to the property, and interested parties will be kept fully informed throughout the process. With a premier location, flexible configuration, and limited comparable inventory available, 1239 16th Street offers a compelling opportunity to establish a presence in the thriving Vero Beach market.
The property features a large and flexible interior layout that can accommodate a variety of commercial uses. Whether utilized for office, retail, creative workspace, nonprofit operations, or a combination of uses, the adaptable floor plan provides future owners with the versatility needed to support changing business needs. A recently replaced HVAC system in 2026 adds immediate value and helps minimize near-term capital expenditures.
This exceptional downtown asset is positioned on an irregular-shaped lot in one of Florida's most desirable coastal communities. The seller is currently working through a separate transaction related to the property, and interested parties will be kept fully informed throughout the process. With a premier location, flexible configuration, and limited comparable inventory available, 1239 16th Street offers a compelling opportunity to establish a presence in the thriving Vero Beach market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,668 SF
Building Class
C
Year Built/Renovated
1969/2004
Price
$1,038,000 CAD
Price Per SF
$97.30 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.94
Lot Size
0.26 AC
Zoning
M - Commercial Mixed Use
Parking
10 Spaces (0.94 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 33-39-01-00000-5000-00002.0 | Improvements Assessment | $220,158 CAD |
| Land Assessment | $106,587 CAD | Total Assessment | $326,746 CAD |
Property Taxes
Parcel Number
33-39-01-00000-5000-00002.0
Land Assessment
$106,587 CAD
Improvements Assessment
$220,158 CAD
Total Assessment
$326,746 CAD
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1239 16th St
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