This exceptional 4,727-square-foot creative office space is available for lease in the vibrant heart of Downtown Melbourne. Situated in a building totaling 9,600 square feet, this single-tenant property offers a sleek and functional layout perfect for businesses seeking a modern and inspiring work environment. Built in 1973 and recently updated, the space boasts updated electrical systems and ample storage. The property also includes convenient bay doors. Its location provides easy access to major highways, maximizing convenience for employees and clients. The surrounding Downtown Melbourne area (DTMB) is a thriving hub of activity, boasting over 288 businesses within a one-mile radius, including 45 restaurants, 47 shops, 9 unique experiences, and numerous professional offices. This high-traffic area offers significant brand exposure and access to a diverse clientele. The area's cultural richness is further enhanced by 18 murals, 6 art galleries, and 2 theaters, creating a dynamic and attractive atmosphere. This property is ideal for startups seeking to establish a strong presence or established businesses looking to upgrade to a contemporary and inspiring workspace. The property sits on a 0.6-acre lot. The building is classified as Office, Industrial, and Special Purpose.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$3,291,831
Hospitality
$3,015,300
Educational
$2,508,694
Medical
$2,594,972
Retail
$3,902,413
Location Insight
City
Melbourne
County
Brevard
State
Florida
Latitude
28.0789
Longitude
-80.6143
CBSA code
37340
CBSA name
PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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