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INVESTMENT HIGHLIGHTS
- Downtown Melbourne Retail
- Two tenants in place
EXECUTIVE SUMMARY
Introducing a prime investment opportunity in Downtown Melbourne. This
versatile property offers a 7,510 SF building with 3 units, ideal for
Retail/Neighborhood Center investors. With a rich history dating back to
1935, this well-maintained property features a C3 zoning designation,
ensuring ample potential for a range of commercial endeavors. Located in a
highly sought-after area, this property presents an exceptional chance to
capitalize on the thriving market in Melbourne. Whether seeking a new
venture or adding to an existing portfolio, this property promises a blend of
history and modern potential for savvy investors.
PROPERTY HIGHLIGHTS
* Property has two current long term leases in place for rental income
to offset costs of ownership.
* The remaining +/- 4500 square is available for your use or can be
easily divided into rental units.
versatile property offers a 7,510 SF building with 3 units, ideal for
Retail/Neighborhood Center investors. With a rich history dating back to
1935, this well-maintained property features a C3 zoning designation,
ensuring ample potential for a range of commercial endeavors. Located in a
highly sought-after area, this property presents an exceptional chance to
capitalize on the thriving market in Melbourne. Whether seeking a new
venture or adding to an existing portfolio, this property promises a blend of
history and modern potential for savvy investors.
PROPERTY HIGHLIGHTS
* Property has two current long term leases in place for rental income
to offset costs of ownership.
* The remaining +/- 4500 square is available for your use or can be
easily divided into rental units.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,510 SF
Building Class
C
Year Built
1935
Price
$2,373,064 CAD
Price Per SF
$315.99 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.86
Lot Size
0.20 AC
Zoning
C3 - Regional Commercial
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 28-37-03-FD-00020.0-0004.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,359,925 CAD |
PROPERTY TAXES
Parcel Number
28-37-03-FD-00020.0-0004.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,359,925 CAD
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912 E New Haven Ave
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