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Palm Bay Plaza 2539 Palm Bay Rd NE 7,308 SF 100% Leased Retail Building Palm Bay, FL 32905 $1,773,698 CAD ($242.71 CAD/SF)
Executive Summary
Multi-tenant professional office/retail building located at 2539 Palm Bay Road NE in Palm Bay, FL. The property consists of approximately 7,308 SF across 7 retail/office units, with unit sizes ranging from approximately 1,000 to 1,100 SF. The building was constructed in 2009 with CBS construction, city water/sewer, 100% central air conditioning, and single-story access.
Palm Bay Plaza is positioned directly on Palm Bay Road, approximately 0.75 miles from U.S. Highway 1 and approximately 3 miles from I-95. The property offers two entrances off Palm Bay Road, parking in front of each unit, and additional parking along the sides of the building.
This offering provides an opportunity to acquire a well-maintained multi-tenant office/retail asset with flexible small-bay units, strong frontage, convenient access, and suites suitable for professional office or retail users. The property also benefits from monument signage and façade signage availability, with office and retail suites noted as being in excellent condition.
Palm Bay Plaza is positioned directly on Palm Bay Road, approximately 0.75 miles from U.S. Highway 1 and approximately 3 miles from I-95. The property offers two entrances off Palm Bay Road, parking in front of each unit, and additional parking along the sides of the building.
This offering provides an opportunity to acquire a well-maintained multi-tenant office/retail asset with flexible small-bay units, strong frontage, convenient access, and suites suitable for professional office or retail users. The property also benefits from monument signage and façade signage availability, with office and retail suites noted as being in excellent condition.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,308 SF
Building Class
B
Year Built
2009
Price
$1,773,698 CAD
Price Per SF
$242.71 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.00 AC
Zoning
HC - HC zoning, often referred to as "Highway Commercial" or "Heavy Commercial", is designed for areas along major roadways or highways.
Parking
34 Spaces (4.65 Spaces per 1,000 SF Leased)
Frontage
255’ on Palm Bay Rd
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 6
- 1,100 SF
- Retail
- -
- Oct 2027
| Space | Size | Space Use | Position | Available |
| 6 | 1,100 SF | Retail | - | Oct 2027 |
6
| Size |
| 1,100 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Oct 2027 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 28-37-23-01-00008.0-0006.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $793,833 CAD |
Property Taxes
Parcel Number
28-37-23-01-00008.0-0006.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$793,833 CAD
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Palm Bay Plaza | 2539 Palm Bay Rd NE
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