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Freestanding Flex Building
For Lease
$3,545-$5,550/Mo NNN

1291 Lake Washington Road, Melbourne, FL 32935

Commercial Lease, Melbourne, FL

Space Size3,700 SF
Days on Market41

Property Features for 1291 Lake Washington Road

General Information

Property type Commercial Lease
Property subtype Other
Parking features Parking Lot
Lot features Corner Lot
Directions US Highway 1 to West on Lake Washington Rd, just past Avocado to Car Wash on the left side
Subdivision 323 - Eau Gallie
Standard status Active
APN 27-37-08-00-00771.0-0000.00
Size 13,704 SF

Taxes and HOA fees

Tax Year 2025
Tax Description PART OF E 1/2 OF SE 1/4 LYING S OF LAKE WASHINGTON ROAD & W OF AVOCADO AVE AS DESC IN ORB 4932 PG 1341
Tax Annual Amount 23654
Legal Description PART OF E 1/2 OF SE 1/4 LYING S OF LAKE WASHINGTON ROAD & W OF AVOCADO AVE AS DESC IN ORB 4932 PG 1341

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public
Listing Agency: Waterman Real Estate Inc.
Listed By: Meili Viera Porter · License #3215665
Added: Aug 18 Changed: Aug 19 Last Checked: Sep 27 at 8:06AM
MLS# 1085370

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This freestanding commercial property includes approximately 3,700 SF on nearly 1 acre, with direct frontage along Lake Washington. The existing improvements were formerly used as a car wash and are available in their current condition. Central air, a parking lot, public water, and public sewer are in place.

The property is located at 1291 Lake Washington Road in Melbourne, Florida. Tenants can pursue an as-is occupancy plan or a build-to-suit renovation based substantially on proposed plans. Both leasing structures are offered on an NNN basis, providing a choice between the existing configuration and a newly updated commercial or flex facility.

Key Highlights

  • Approximately 3,700 SF freestanding building on nearly 1 acre
  • Direct frontage on Lake Washington
  • Former car wash facility available in its existing condition

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Restaurant Law Firm Real Estate Agency Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

377
Businesses Nearby
Balanced
Demand for This Use

Demographics for 32935, FL

41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Melbourne, FL

$13.79 /SF/Yr
Avg Asking Price
$2.19–$22.65 /SF/Yr
Price Range
6,477 SF
Avg Space Size

This space is priced 7% above the average of $13.79 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Mobile bar b cue and soul food catering — 1026 Coleman St, Melbourne, FL 32935
  • Dante's Inferno ,Food for the Soul Corp. — 1026 Coleman St, Melbourne, FL 32935
  • Chef In-A-Box Catering — Melbourne, FL 32935

Frequently Asked Questions

What type of property is this?
Flex space - Commercial space with lake frontage, on-site parking, and as-is or build-to-suit leasing options.
Where is this flex space located?
The property is located at 1291 Lake Washington Road Melbourne, FL.
What is the lease rate?
The lease rate is $4,625/Mo.
What are key features of this property?
This property features: Approximately 3,700 SF freestanding building on nearly 1 acre; Direct frontage on Lake Washington; Former car wash facility available in its existing condition
More about this property
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