Listing Address:
4085&4087 Highway 1 , Rockledge, FL 32955
Active
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Price: $1,300,000
MLS # 1026768
Property Type: Commercial
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Property Description:
This sale includes both 4085 & 4087 Highway 1 and the two tax account numbers are 2530654 & 2523808. The 4085 building includes a vacant .85 acre commercial lot directly across US1 on the west side. Introducing a prime investment opportunity at 4085 & 4087 U.S. 1, Rockledge, FL. There is 3,600 sf vacant which can be used by an Owner/User or can be leased for additional income. This meticulously maintained 9,600 SF building houses 8 units, offering ample space for a range of office configurations. Built in 2004 and recently renovated in 2020, this property is primed for modern business needs. Zoned BU-1 General Retail Commercial, it presents an attractive prospect in the flourishing Viera/Rockledge area. Don't miss out on this turnkey opportunity in a thriving commercial hub. Proforma Net Income: $98,454. Proforma Cap Rate: 7.6% * Based on 3,600 sf vacant space leased at $14.50/sf gross. Current occupancy 62.5%
Property Listing Details for 4085&4087 Highway 1 , Rockledge, FL 32955
County
Brevard
Tax Amount
$13,000 (2024)
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 SouthTrend Realty. 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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