Flex Building with Yard: Collect Income or Occupy in Future
1500 Main Street NE
Palm Bay, FL 32905
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!
