For Sale
$829,000

1766 20Th AveVero Beach, FL 32960

Four-unit office building, prime location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional two-story, 4,192 square foot office building is situated in Vero Beach's vibrant Downtown Vero Arts Village. Constructed in 1990 of durable concrete block, this low-maintenance property presents a compelling opportunity for both owner-occupants and investors. The building features four separately metered units, each offering flexibility for diverse business needs. The units can be easily combined to create a single, expansive floor plan, catering to a wide range of potential uses, including creative office, executive office, or medical office spaces. With a total net rentable area of 4,192 square feet, the asking price is $829,000, translating to a price per square foot of $197.76. This property's prime location and versatile design make it an attractive investment prospect with significant potential for return. The building's solid construction ensures longevity and minimal upkeep, minimizing operational costs and maximizing profitability. This is a rare opportunity to acquire a well-maintained, multi-unit office building in a thriving arts district. The individual metering of each unit provides efficient utility management and cost control for both the owner and tenants. Consider the potential for long-term rental income or the option to occupy a portion of the space while leasing the remainder. This versatile property offers a unique blend of stability and growth potential in a desirable location.

Highlights

  • 4,192 SF two-story office building in Vero Beach's Downtown Vero Arts Village.
  • Built in 1990, concrete block construction.
  • Four separately metered units, easily combined.
  • $829,000 asking price ($197.76/SF).

Property Details for 1766 20Th Ave

Property type
Office properties, Medical offices
Square Feet
4,192 SF
Year Built
1990
Stories
2
Units
4

Location Insight

City
Vero Beach
County
Indian River
State
Florida
Latitude
27.634605085463
Longitude
-80.405522228648
1766 20Th Ave, Vero Beach, Florida

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1766 20Th Ave
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