Listing Agency: Dale Sorensen Real Estate Inc. m***@sorensenrealestate.com Show Phone

Listed By: Mike Higgins · License #3408803 Show Phone

Source: Exprealty

Added: Nov 1, 2023 Changed: Aug 22 Last Checked: Aug 31 at 12:30AM

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Investment Insights

Based on property information with market context.

This property features a retail area at the front, complemented by a workshop and two oversized bays suitable for work or storage. The location offers frontage on US-1, situated in close proximity to a hospital and medical offices. Viewings are by appointment only with the listing agent; please do not disturb the ongoing business operations or the owner.

Key Highlights

• Prime US‑1 frontage location.
• Close proximity to hospital and medical offices.
• Building includes retail area.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Restaurant Plumbing Service Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

1,180

Businesses Nearby

Explore this area Business Placement

Demographics for 32960, FL

21,522

Population

11,590

Households

1.9

Avg Household Size

48

Median Age

25%

College-Educated

90%

High-School Grad

11.1 sq mi

ZIP Area

1,939

Density / Sq Mi

$52,350

Median Household Income

$30,236

Median Earnings

$1,171

Median Rent

$254,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space with workshop and storage bays on US-1.

Where is this retail space located?

The property is located at 3638 Us Highway 1 Vero Beach, FL.

What is the asking price?

The asking price for this property is $3,000,000.

What are key features of this property?

This property features: Prime US‑1 frontage location.; Close proximity to hospital and medical offices.; Building includes retail area.