1146 21St StVero Beach, FL 32960

Property Details for 1146 21St St

Year built

1925

Construction

STEEL FRAME

Lot size

1.81 AC

Property size (Sq ft)

14,150 SF

Zone code

C-1

Property type

Warehouses

Property subtype

Self storage facilities

APN

33-39-01-00000-3000-00010.0

APU

9223372036854775807

Description

This exceptional investment opportunity presents a 1.81-acre commercial property situated on a high-traffic corner of US Highway 1 in Vero Beach, Florida. The property, located at 1146 21st Street, zip code 32960, boasts a substantial lot size of 78,843.6 square feet and comprises two buildings currently occupied by active tenants. Constructed in 1966, this property offers a proven track record of income generation, with the existing tenants generating an annual gross revenue exceeding $110,000. The property is zoned for commercial use and includes a total of ten units, making it an ideal investment for both seasoned and emerging investors seeking a strong return on investment. The property's prime location on a busy highway ensures high visibility and accessibility, attracting a steady stream of potential customers. This is a rare opportunity to acquire a well-established, income-producing retail property in a thriving Florida market. The asking price is $2,275,000. This represents a significant opportunity for investors seeking a stable and profitable addition to their portfolio. The property's size and location offer considerable potential for future development and expansion. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Residential

  $6,309,968

  Hospitality

  $5,779,897

  Educational

  $4,808,806

  Medical

  $4,974,189

  Retail

  $7,480,366

Location Insight

City

Vero Beach

County

Indian River

State

Florida

Latitude

27.6403

Longitude

-80.3967

CBSA code

42680

CBSA name

SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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