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For sale
Showrooms
FL
Melbourne
32901
2015 Waverly Pl

Downtown Melbourne Commercial Building For Sale

2015 Waverly Pl Melbourne, FL 32901

2015 Waverly Pl, Melbourne, FL, 32901

$3,499,900

For Sale

$3,499,900

Premier 13,765 SF commercial building in Downtown Melbourne.

Property Size13,765 SF

Lot Size0.77 Acres

Price / SF$254.26

AddedJul 16, 2025

Days on Market365

Last RefreshJun 30 at 2:56 am

Property Features for 2015 Waverly Pl

General Information

Standard status: Active
Size: 13,765 SF
Lot size: 0.77 Acres

Listing office LIV Signature Real Estate, LLC

Listing date Jul 16, 2025

Source Exprealty

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 LIV Signature Real Estate, LLC

Investment Insights

Based on property information with market context.

Located in Downtown Melbourne's business district, this commercial building offers 13,765 square feet of space. The property was extensively remodeled in 2016 with updates including new electrical systems, A/C units, hurricane-impact windows and doors, and premium fixtures and finishes. The Class-A property features showrooms, office space, a fully equipped kitchen, and warehouse areas with a loading dock. Situated on a 0.77-acre lot spanning a full city block, the property has dual access from Waverly Place and Vernon Place, with parking. This sale includes the real estate.

Key Highlights

Prime Downtown Melbourne location in the heart of the business district.
Substantial 13,765 sq ft Class‑A commercial building.
Extensive 2016 remodel with new electrical, A/C, hurricane‑impact windows/doors, and premium finishes.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$297.3k	$21.60
− Vacancy	−$47.6k	−$3.46
EGI	$249.8k	$18.14
− OpEx	−$62.4k	−$4.54
NOI	$187.3k	$13.61

13,765 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.68M

$2.34M – $3.12M (±1% cap)

NOI $187,314 @ 7.0% cap · market cap 5.35%

Second Best

Retail

$2.27M

$1.98M – $2.64M (±1% cap)

NOI $158,697 @ 7.0% cap · market cap 4.53%

Theoretical Best

Office A

$3.63M

$3.18M – $4.24M (±1% cap)

NOI $254,212 @ 7.0% cap · market cap 7.26%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

American Business Interiors Furniture & Home Goods

Suggested Use

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For sale
Showrooms
FL
Melbourne
32901
2015 Waverly Pl

What type of property is this?

Showroom - Premier 13,765 SF commercial building in Downtown Melbourne.

Where is this showroom located?

The property is located at 2015 Waverly Pl Melbourne, FL.

What is the asking price?

The asking price for this property is $3,499,900.

What are key features of this property?

This property features: Prime Downtown Melbourne location in the heart of the business district.; Substantial 13,765 sq ft Class‑A commercial building.; Extensive 2016 remodel with new electrical, A/C, hurricane‑impact windows/doors, and premium finishes.