Flex Building with Yard: Collect Income or Occupy in Future

1500 Main Street NE Palm Bay, FL 32905

1500 Main Street NE, Palm Bay, FL, 32905
Exterior
1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905 1500 Main Street NE, Palm Bay, FL, 32905
FOR SALE
Property Type:
Industrial
Amount:
$1,150,000
Last Verified:
Nov 16, 2024

Daily Email Blast
0 times



Description

Footprint est. 2,040 SF HVAC Office + 4,680 SF Warehouse = 6,720 SF Total
Upstairs +/- 1,600 SF 2/1 Apartment + est. 3,680 SF Unfinished Storage/Attic
Total of 12,000 SF Between 2 Floors
100% Occupied. LL Collects $7,000/month. Term Expires 7/31/2025
Est. 2024 NOI $64,000 (5.5% CAP)
Three 9’ Wide x 7’ Tall +/- Grade Level + One 9’ Wide x 10’ Tall +/- Door
Warehouse Concrete Floor and est. 8’ 6” Ceiling Height
City Water/Sewer; FPL Electric
Corner Lot. 100% Fenced/Gated, Mostly Cleared, Partially Paved
Zoning: Contractor’s Office w Outdoor Storage, Automotive, Retail, Daycare & More!
DO NOT DISTURB OCCUPANT

Located in northeast Palm Bay just off of the US1 x Palm Bay Road intersection. Surrounding employers include L3Harris, Leonardo DRS, Tibbetts Lumber & ABC Supply to name a few. Close proximity to Downtown Melbourne, Hammock Landing Mall and the beaches. Call today for details!

Building Size: 6720sq ft
Lot Size: 0.55 acres


Documents

Sale Brochure

Map of 1500 Main Street NE, Palm Bay, FL, 32905

Presented by:
The Ullian Realty Corporation

Request additional information
Michael Ullian


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.