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148 Vista Royale Boulevard Vero Beach, FL 32962

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For Sale
$899,900

Charming office building with tenant in place until 2027.

Type:OFC
Property size:
2,950 SF
Lot size:
0.59 Acres
Added:
Mar 6, 2024
Days on Market:
773
Last Refresh:
Apr 3 at 5:03 am

Property Features for 148 Vista Royale Boulevard

General Information

Standard status
Active
Size
2,950 SF
Lot size
0.59 Acres
Property subtype
OFC

Building Details

Year Built
1989

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Listing Contact
Jim Read

Listing agent Jim Read License #BK448938, Florida

Listing office KW Commercial | Jupiter

Listing date Mar 6, 2024

Source Realnex

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 KW Commercial | Jupiter


Overview

Stand Alone Office Building

This stand-alone office building is situated on 0.59 acres. A tenant currently occupies 2950 square feet of the building, paying $18.50 per square foot, which amounts to $47,915 annually. The lease is active until 2027. The property is suitable for investors or owner-users who require approximately 1200 square feet and can generate income until the current lease concludes. The seller is open to providing 40% financing, contingent on receiving 60% to cover the existing mortgage balance. Additionally, the owner of the adjacent vacant land is willing to sell a portion of their 1+ acre property to provide additional parking space.
Location Intelligence

Current Use by Public Records

talk2me 2-way digital ... Telecommunications Service

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Vero Beach
County
Indian River
State
Florida
Longitude
-80.3765607
Latitude
27.5987924

FAQs

What type of property is this?
Office building - Charming office building with tenant in place until 2027.
Where is this office building located?
The property is located at 148 Vista Royale Boulevard Vero Beach, FL.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Stand‑alone office building; Tenant in place providing immediate income: $18.50 PSF for 2950 SF, generating $47,915 annually; Ideal for owner‑user: Occupy 1200 SF while earning income from existing tenant until 2027
More about this property
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