5270 Highway 1 Highway N $3,995,000

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    5270 Highway 1 Highway N Melbourne, FL 32940

    Contingent
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    • Commercial Sale
    • MLS# 845203
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    Views: 387 Days On Site: 610

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    Property Details

    Amazing location close to Suntree, beaches, Merritt Isalnd, and PAFB. Exceptional visibility -Traffic count of more than 30,000 cars per day. Beautiful facility with 32,300 SF of air conditioned, remodeled space. Currently used as a climbing gym and recreation center with cafe, but CP Zoning offers liberal use. The building sits on 7.16 acres with plenty of room for expansion or additional buildings or amenities with height up to 40 ft. Overlooking the Indian River with riverfront property included.Current owner invested more than $600,000 in remodel, including electrical and HVAC. New sewer lines and lift station installed. Existing user may lease back if Buyer would like. Fantastic site for business or recreation/aquatic center with great parking. Fenced property with pylon sign.

    • General Features
      • Area 322 - Palm Shores
      • General County Location South
      • Subdivision/Condo Name None
      • Year Built 1996
    • Building Features
      • Building Info Fenced,Kitchen Facilities,Lobby,Overhead Doors,Public Restroom,Reception Area,Restaurant,Separate Office Area,Showroom
      • Cooling Central Building
      • Roof Metal
      • Heating Central,Electric
      • Flooring Vinyl

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    Neighborhood

    32940 (Melbourne) Demographics

    48 Median Age
    280 Population Density (per sq. mile)
    55% College Educated
    $69,050 Estimated Median Income
    11,714 Estimated Total Home Owners
    2,441 Estimated Total Renters
    83% / 17% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    36,475 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $371,000 Median Sales Price
    96 Homes Sold
    86 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,995,000
        12/10/2020 11:02:29 AM Status Changed Source New Value: Contingent
        5/16/2019 2:03:00 PM New in Database Source New Value: $3,995,000

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        The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of Brevard County, Florida. Real estate listings held by brokerage firms other than Dale Sorensen Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Listing information is deemed reliable, but is not guaranteed. The Multiple Listing Service of South Brevard County, Inc. and Space Coast Association of REALTORS®, Inc. and Dale Sorensen Real Estate do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein.

        Copyright 2021, the Multiple Listing Service of South Brevard County, Inc. and Space Coast Association of REALTORS®, Inc. All rights reserved.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.