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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!
Features
Age: 41-50 Years Old
Architecture Style: Other
Exterior Type: Stucco
Exterior Type: Block
Exterior Type: Concrete
Floor Covering: Carpet
Legal Description: MAP OF THE TOWN OF INDIAN RIVER PBS 2-12 BLK 19 LOT 1-5