Listing Address:
1016 Brothers Avenue, Melbourne, FL 32901
Active
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Price: $1,000,000
MLS # 1022921
Property Type: Commercial
This property is Active. Please contact us for similar properties.
Property Description:
Presenting an extraordinary opportunity to own a piece of Historic Downtown Melbourne, this two-story building, spanning over 10,000 square feet, originally served as a hotel with 17 rooms upstairs and a bar downstairs. While the property requires a complete makeover, it offers incredible potential for restoration or redevelopment.Located within a sought-after Opportunity Zone, this property provides attractive tax incentives for investors, alongside funding opportunities available through the City of Melbourne for business owners committed to revitalizing the area.This historic building offers an exceptional canvas for visionaries looking to transform a unique property while taking advantage of the benefits associated with the downtown's growth and development.
Property Listing Details for 1016 Brothers Avenue, Melbourne, FL 32901
Subdivision
Total SqFt.
10,250
Property Sub-Type
Hotel-Motel
Sale / Lease
Sale
Lot Acres
0.14
County
Brevard
Tax Amount
$1,107 (2022)
D. Basile Real Estate, LLC lists and sells Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard.
This listing is courtesy of North America Realty Group. Property Listing Data contained within the D Basile Real Estate website is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
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