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Mixed-Use Space with Courtyard
For Lease
$13,750/Mo

1510 Highland Avenue, Melbourne, FL 32935

Shell delivery includes a loading dock and side courtyard for tenant build-out.

Space SizeContact for details
Property Size5,034 SF
Days on Market93

Property Features for 1510 Highland Avenue

General Information

Standard status Active
Size 5,034 SF
Property subtype Mixed Use

Taxes and HOA fees

Annual Taxes $8,544

Building Details

Building Size 5,034 SF
Year Built 1959
Listing Agency: Waterman Real Estate
Listed By: MVP SALES GROUP
Source: Mvpsalesgroup
Added: Aug 1 Changed: Oct 30 Last Checked: Oct 30 at 2:09AM

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 Waterman Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 5,034-square-foot mixed-use space at 1510 Highland Avenue dates to 1959 and was previously part of the Foosaner Art Museum. The interior features high ceilings, and the property includes a loading dock and a large side courtyard. The space will be delivered as a shell, allowing a tenant to plan its own build-out. Restaurant, distillery, food hall, and boutique entertainment concepts are identified as potential uses.

The property is in Melbourne’s Eau Gallie Arts District. Image Studios is a co-tenant and draws more than 2,000 monthly visitors. A boutique hotel and 500-space parking garage are planned across the street, with construction expected to begin in 2026.

Key Highlights

  • 5,034 square feet of mixed‑use space
  • Built in 1959; previously part of the Foosaner Art Museum
  • High ceilings and a loading dock

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Plumbing Service (Bike/Boat/Book/etc) Store Daycare Center Electrical Service

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
$4.92 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

883
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 57% Shops & Services 34% Home Improvements & Furnishings 9%
Starbucks Dining
17,161 visits/mo 0.2 miles
Sunoco Shops & Services
9,375 visits/mo 0.3 miles
Eau Gallie Ace Hardware Home Improvements & Furnishings
2,790 visits/mo 0.1 miles
Storage King USA Shops & Services
742 visits/mo 0.3 miles

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Shell delivery includes a loading dock and side courtyard for tenant build-out.
Where is this mixed-use property located?
The property is located at 1510 Highland Avenue Melbourne, FL.
What is the lease rate?
The lease rate is $13,750/Mo.
What are key features of this property?
This property features: 5,034 square feet of mixed‑use space; Built in 1959; previously part of the Foosaner Art Museum; High ceilings and a loading dock
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