$1,300,000
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Highway 1 40854087 Rockledge, FL 32955
Office
Residence
Beds
10
Baths
Sq. Ft.
1.88
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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This sale includes both 4085 & 4087 Highway 1 and the two tax account numbers are 2530654 & 2523808. The 4085 building includes a vacant .85 acre commercial lot directly across US1 on the west side. Introducing a prime investment opportunity at 4085 & 4087 U.S. 1, Rockledge, FL. There is 3,600 sf ...vacant which can be used by an Owner/User or can be leased for additional income. This meticulously maintained 9,600 SF building houses 8 units, offering ample space for a range of office configurations. Built in 2004 and recently renovated in 2020, this property is primed for modern business needs. Zoned BU-1 General Retail Commercial, it presents an attractive prospect in the flourishing Viera/Rockledge area. Don't miss out on this turnkey opportunity in a thriving commercial hub. Proforma Net Income: $98,454. Proforma Cap Rate: 7.6% * Based on 3,600 sf vacant space leased at $14.50/sf gross. Current occupancy 62.5%
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MLS#
1026768
Property Type
Office
Bathrooms
Year Built
2004
Price per Sq. Ft.
$135.42
Lot Size
1.88
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