Pocahontas Building

2101 14th Ave Vero Beach, FL 32960

2101 14th Ave, Vero Beach, FL, 32960
2101 14th Ave, Vero Beach, FL, 32960 2101 14th Ave, Vero Beach, FL, 32960 2101 14th Ave, Vero Beach, FL, 32960 2101 14th Ave, Vero Beach, FL, 32960
FOR SALE
Property Type:
Street Retail
Amount:
$5,150,000
Last Verified:
Nov 26, 2024

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Description

Originally constructed in 1925, has approximately 12,940 SqFt of rentable ground-floor commercial space and roughly 12,730 SqFt of rentable second-floor apartment space. Uniquely positioned in the Vero Beach downtown district, this property benefits from foot traffic and proximity to a mix of retailers and businesses. This asset has a diverse tenant mix, with low vacancy, stable income, and the opportunity to invest in capital improvements that boost commercial and residential rents.

Nestled in the heart of Vero Beach, the area surrounding the Pocahontas Building captivates with its vibrant mix of dining, shopping, and entertainment options. The charming Vero Beach Historic Downtown welcomes visitors with its eclectic boutiques, renowned restaurants, and cultural attractions. With its prime position in this sought-after locale, the property offers a lucrative opportunity for retail and street retail investors to become part of this dynamic community.


Year Built: 1925
Building Size: 25670sq ft
Building Class: C
Lot Size: 0.48 acres

Map of 2101 14th Ave, Vero Beach, FL, 32960

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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.