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$2,350,000

Est. payment - /mo

0.72 Acres Lot

Active Under Contract

2345 14th AVE Vero Beach, FL 32960

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Kris Morin

realkrismorin@gmail.com +1(860) 982-0187

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Original Town

MLS Listing ID 285148

HOA Y/N No

Year Built 1975

Lot Size 0.720 Acres

Acres 0.72

Property Sub-Type Office

Property Description

Prime Downtown Vero Beach multi-tenant office building! This 11,799 sq ft property sits on .72 acres along 14th Ave and boasts 100% occupancy. With 10 individual units, concrete block construction ensures durability and insurability, Ample parking with 46 spaces supports the seven current tenants, with leases expiring between 2025 and 2027. Below-market rents provide an opportunity to increase ROI upon renewal. Zoned C-1B, allowing for a mix of retail, office, and commercial tenants. A solid investment in a thriving location!

Location

State FL

County Indian River

Area City Vero Beach

Zoning , C-1B

Interior

Heating Electric

Cooling Electric

Flooring Carpet

Fireplace No

Exterior

Water Access Desc Public

Roof Type Rolled/Hot Mop

Present Use Office

Total Parking Spaces 36

Building

Lot Description 1/2 to 1 Acre Lot

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

HOA Name Vero Commercial Managemen

Tax ID 33390200001019000001.0

Acceptable Financing Cash, New Loan

Listing Terms Cash, New Loan

Virtual Tour https://vimeo.com/user212201849/review/1056544209/c8d126607a

REALTORS® Association of Indian River County, Inc. (RAIRC)

Listed by Alex MacWilliam, Inc.

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Kris Morin

Agent | License ID: 0750300

+1(860) 982-0187