829 New Hvn 829 AveMelbourne, FL 32901

Property Details for 829 New Hvn 829 Ave

Year built

1928

Lot size

0.20 AC

Property type

Other retail properties

Property subtype

Retail properties

Description

This exceptional commercial retail property, located at 829 E New Haven Avenue in the heart of Downtown Melbourne, Florida, presents a unique investment opportunity. Situated on a 0.2-acre lot, this multi-unit building is perfectly positioned to capitalize on the significant revitalization and growth currently transforming the area. Downtown Melbourne is experiencing a substantial residential boom, with numerous apartment, condo, and townhome developments underway and planned. This influx of new residents is creating a strong demand for retail spaces and services, making this property ideally suited for owner-users or investors seeking a high-growth market. The city's ongoing efforts to enhance the New Haven Avenue commercial district further bolster the property's long-term potential. This is an unparalleled chance to secure a prime location in the vibrant and rapidly evolving core of Melbourne's renowned downtown. The property's multi-unit configuration offers flexibility for a variety of retail uses, catering to the diverse needs of the growing community. The strategic location ensures high visibility and accessibility, attracting a substantial customer base. This represents a compelling investment opportunity in a dynamic and thriving urban center. The asking price is $2,900,000. Serious inquiries are encouraged.

Location Insight

City

Melbourne

County

Brevard

State

Florida

Latitude

28.0783

Longitude

-80.6067

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