Renovated Commercial Building in Rockledge

833 Barton Boulevard, Rockledge, FL 32955

View on Map

For Sale

$549,999

Fully renovated commercial property with two units in Rockledge, Florida.

Type:Commercial/Industrial

Property size:

2,370 SF

Lot size:

0.17 Acres

Price / SF:

$232/SF

HighLights

Two separate units offer rental income potential or flexible configurations.
Fully renovated with modern aesthetics and functional design.
Prime location on a busy main street with high visibility.
Comprehensive upgrades including new roof (with 10yr warranty), electrical system, and AC units.
Equipped with Cat 6 wiring for modern technological demands.
Spacious offices and a large conference room for meetings and collaborative work.

We can help!

Listing Contact

Samantha Selig

For Sale

$549,999

Fully renovated commercial property with two units in Rockledge, Florida.

Type:Commercial/Industrial

Property size:

2,370 SF

Lot size:

0.17 Acres

Price / SF:

$232/SF

Added:: May 15, 2024
Days on Market:: 760
Last Refresh:: May 19 at 10:09 pm

Property Features for 833 Barton Boulevard

General Information

Standard status: Active
Size: 2,370 SF
Lot size: 0.17 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1974

We can help!

Listing Contact

Samantha Selig

Listing agent Samantha Selig License #3231860

Listing office Mike Selig & Associates Inc

Listing date May 15, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Mike Selig & Associates Inc

HighLights

Two separate units offer rental income potential or flexible configurations.
Fully renovated with modern aesthetics and functional design.
Prime location on a busy main street with high visibility.
Comprehensive upgrades including new roof (with 10yr warranty), electrical system, and AC units.
Equipped with Cat 6 wiring for modern technological demands.
Spacious offices and a large conference room for meetings and collaborative work.

Overview

This commercial property is situated on a main street in Rockledge. The fully renovated building combines modern aesthetics with functional design. The property features two separate units, providing the opportunity for additional rental income or flexible configurations to suit various commercial needs. Every detail of this property has been updated, including a new roof with a 10-year manufacturer's warranty, a new sewer exit pipe, VT flooring, fresh paint inside and out, and new bathrooms and kitchen facilities. The building is equipped to meet technological demands with comprehensive upgrades to the electrical system and the installation of Cat 6 wiring. Brand new AC units have been installed, as well as an instant hot water heater. Inside, there are spacious offices complemented by a large conference room, suitable for meetings and collaborative work, whether it be open-plan working areas, private offices, or creative studios. Enhanced with new landscaping, the exterior offers a welcoming atmosphere. The property size is 2370 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$51.2k	$21.60
− Vacancy	−$8.2k	−$3.46
EGI	$43.0k	$18.14
− OpEx	−$10.8k	−$4.54
NOI	$32.3k	$13.61

2,370 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$460.7K

$403.1K – $537.5K (±1% cap)

NOI $32,251 @ 7.0% cap · market cap 5.86%

Second Best

—

no second resolved use

Theoretical Best

Office A

$625.3K

$547.1K – $729.5K (±1% cap)

NOI $43,769 @ 7.0% cap · market cap 7.96%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Rockledge
County: Brevard
State: Florida
Longitude: -80.7792
Latitude: 28.2781

Nearby Similar for Sale

$425,000

960 SF

Updated Duplex in Rockledge, FL

Updated duplex with income-generating units and modern amenities.

985 S Fiske Boulevard S, Rockledge, FL 32955

View Details
$214,000

912 SF

Rockledge Duplex with New Roof

Well-maintained duplex on oversized lot, generating rental income.

989 & 991 S FISKE BOULEVARD, ROCKLEDGE, FL 32955

View Details
$549,999

2,370 SF

Renovated Commercial Property in Rockledge

Fully renovated commercial building with two units in Rockledge, FL.

833 Barton Boulevard, Rockledge, FL 32955

View Details
$1,200,000

9,320 SF

Rockledge Multi-Tenant Warehouse For Sale

Multi-tenant warehouse in Rockledge with value-add opportunity.

575-577 Gus Hipp Blvd, Rockledge, FL

View Details
Contact for pricing
18,843 SF

Rockledge Industrial Facility For Sale

18,843 SF industrial facility with office and warehouse space.

485 Gus Hipp Blvd, Rockledge, FL 32955

View Details
$1,100,000

6,826 SF

Freestanding Medical Office Building

Functional medical space in Rockledge, ready for occupancy.

1099 Florida Ave, Rockledge, FL 32955

View Details
$79

18,843 SF

Rockledge Industrial Facility For Sale

18,843 SF industrial facility on 1.55 acres in Rockledge, Florida.

485 Gus Hipp Blvd, Rockledge, FL 32955

View Details
$4,500,000

32,896 SF

Rockledge Industrial Property for Sale

40,000 SF industrial property in Rockledge, Florida.

1826 Baldwin St, Rockledge, FL

View Details
Contact for pricing
4,800 SF

Functional Office Suite with Warehouse

Office suite with warehouse bay in Rockledge industrial location.

1795 Cogswell Street, Unit 101, Rockledge, FL 32955

View Details
$1,850,000

8,946 SF

Medical Office Building For Sale

8,946 SF medical office building near Rockledge Regional Medical Center.

1281 Florida Ave S, Rockledge, FL

View Details
$435,000

2,266 SF

Rockledge Duplex Investment Opportunity

Income-producing duplex near Port Canaveral and Cocoa Beach.

840 ANGELA AVE, Rockledge, FL 32955

View Details
Contact for pricing
7,717 SF

Development Opportunity on Murrell Road

Land available for future development along Murrell Road in Rockledge.

Levitt Pkwy & Murrell Rd, Rockledge, FL 32955

View Details

For sale
Office buildings
FL
Rockledge
32955
833 Barton Boulevard

What type of property is this?

Office building - Fully renovated commercial property with two units in Rockledge, Florida.

Where is this office building located?

The property is located at 833 Barton Boulevard Rockledge, FL.

What is the asking price?

The asking price for this property is $549,999.

What are key features of this property?

This property features: Two separate units offer rental income potential or flexible configurations.; **Fully renovated with modern aesthetics and functional design.**; Prime location on a busy main street with high visibility.