404 Babcock StMelbourne, FL 32901

Property Details for 404 Babcock St

Year built

1969

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.43 AC

Property size (Sq ft)

9,139 SF

Zone code

C1

Property type

Other commercial real estate

APN

27-37-28-76-00000.0-0280.00

APU

9223372036854775807

Description

This exceptional Brevard County commercial property at 404 S Babcock Street offers two available suites totaling 2,706 square feet in a newly renovated building. Ideally situated in a high-traffic C-1 neighborhood commercial district, this retail plaza enjoys an excellent location near US-1, the Eau Gallie Arts District, downtown Melbourne, and Melbourne International Airport. Its strategic position between two causeways provides quick access to the beach. Suite 101, a 1,452 square foot retail office space, features multiple rooms and one restroom. Suite 102, encompassing 1,254 square feet, combines retail space with a warehouse and includes one restroom. The minimum divisible space is 1,254 square feet, with a maximum contiguous space of 1,452 square feet. Currently, the entire 2,706 square feet is vacant and available for lease. The property is categorized as Retail, Office, and Industrial, with a multiple tenancy structure. The lease rate is $20 per square foot per year, plus a $50 monthly fee covering water, sewer, and trash services. This prime location and versatile space present a unique opportunity for businesses seeking high visibility and convenient access to major transportation routes and local amenities.

• Alternative Use

  Use

  Valuation

  Residential

  $2,875,004

  Hospitality

  $2,633,488

  Educational

  $2,191,032

  Medical

  $2,266,384

  Retail

  $3,408,271

Location Insight

City

Melbourne

County

Brevard

State

Florida

Latitude

28.1028

Longitude

-80.6221

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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