For Sale
$1,000,000

1600 Wickham Rd Melbourne, FL 32904

Turnkey Italian Restaurant, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a thriving Italian restaurant in West Melbourne, Florida. Located at 1600 S Wickham Rd, 32904, this single-tenant property offers 1,699 square feet of recently remodeled space on a 0.41-acre lot. The interior boasts elegant marble countertop tables and benefits from new AC units and a new walk-in cooler. A delightful 164 square foot open porch provides additional outdoor dining space. The property includes a robust security system. The building was constructed in 1985. Currently operating under a NNN lease with a base rent of $3,000, this property offers a strong return on investment. An adjacent 0.33-acre parcel is available for expansion, providing potential for increased parking or additional building space. The asking price is $1,000,000, with a price per square foot of $588.58. This is a turnkey operation ready for a new owner to step in and continue the success. The property is categorized as retail, specifically a restaurant.

Highlights

  • $1,000,000 asking price for a 1,699 SF restaurant.
  • Located at 1600 S Wickham Rd, Melbourne, FL 32904.
  • Retail property, single-tenant, NNN lease.
  • 0.41-acre lot, with potential for expansion.
  • Recently remodeled with marble countertops, new AC units, and a new walk-in cooler.

Property Details for 1600 Wickham Rd

Property type
Retail properties, Restaurants
Square Feet
1,699 SF
Year Built
1985
Buildings
1
Lot Size (sq. ft)
17,860 SF

Location Insight

City
Melbourne
County
Brevard
State
Florida
Latitude
28.081044036032
Longitude
-80.673026772281

FAQs

What type of property is this?
Retail property - Turnkey Italian Restaurant, prime location.
Where is the retail property located?
The property is located at 1600 Wickham Rd Melbourne, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: $1,000,000 asking price for a 1,699 SF restaurant.; Located at 1600 S Wickham Rd, Melbourne, FL 32904.; Retail property, single-tenant, NNN lease.
How can I contact the broker?
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1600 Wickham Rd
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