For Sale
$2,500,000

2415 Babcock StMelbourne, FL 32901

Two-building office complex, 13,690 SF, 100% occupied

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents two adjacent, single-story office buildings totaling 13,690 square feet in Melbourne, Florida. Located at 2415 S Babcock St, 32901, this multi-tenant property boasts 100% occupancy with seven tenants under modified gross leases. The buildings, constructed of brick and stucco, feature prominent monument signage providing excellent visibility. The property benefits from high daily traffic counts of 28,222 vehicles, ensuring strong tenant exposure. Conveniently situated near Melbourne Airport, downtown Melbourne, State Road 192, US-1, and just north of Florida Institute of Technology, this location offers unparalleled accessibility. The asking price is $2,500,000, translating to $182.62 per square foot. This well-maintained property presents a stable income stream with significant upside potential. The two buildings are nearly identical in size, with one encompassing 7,290 square feet and the other 6,400 square feet. This portfolio represents a rare opportunity to acquire a high-performing commercial property in a thriving Florida market.

Property Details for 2415 Babcock St

Property type
Office properties
Square Feet
13,690 SF
Buildings
2
Stories
1

Location Insight

City
Melbourne
County
Brevard
State
Florida
Latitude
28.072143918856
Longitude
-80.621280907402
2415 Babcock St, Melbourne, Florida

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2415 Babcock St
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