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Restaurant Building with Performance Stage
For Lease
$5,500/Mo

2021 Melbourne Court, Melbourne, FL 32901

Commercial Lease, Melbourne, FL

Space SizeContact for details
Lot Size0.09 Acres
Days on Market92

Property Features for 2021 Melbourne Court

General Information

Property type Commercial Lease
Property subtype Retail
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bathroom 1
Parking features On Street
Subdivision Phillips and Campbells Resubd
Lot features Zero Lot Line
Directions US1 to West on New Haven Ave to bear left on Melbourne Ct
Standard status Active
APN 28-37-03-80-00025.0-0001.00
Size 5,027 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PHILLIPS & CAMPBELLS RESUBD LOT 1 EX E 5 FT BLK 25
Tax Annual Amount 8626
Legal Description PHILLIPS & CAMPBELLS RESUBD LOT 1 EX E 5 FT BLK 25

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1924
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Frame, Stucco
Listing Agency: RE/MAX Alternative Realty · RE/MAX International
Listed By: Thomas V Donnelly
Added: Jul 24 Changed: Oct 17 Last Checked: Oct 23 at 9:06PM
MLS# 1083267

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This vacant 5,027-square-foot commercial building offers an open interior configured for restaurant operations, including a bar, commercial kitchen, raised performance stage, and three bathrooms. Built in 1924, the frame-and-stucco property has concrete flooring, central heating, and central air. Public water and public sewer serve the building, while parking is available on street.

Located in downtown Melbourne at 2021 Melbourne Court, the property carries C-C3 zoning, which supports a broader range of commercial uses beyond its restaurant layout. The building previously operated as the Iron Oak Post bar and restaurant and was originally Melbourne’s post office. Its 0.09-acre site is within ZIP Code 32901.

Key Highlights

  • 5,027‑square‑foot vacant commercial building on a 0.09‑acre site
  • C‑C3 zoning supports a range of commercial uses
  • Open interior with a bar, commercial kitchen, and raised stage

Property Analytics

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

Current Use

Conventional restaurants

Suggested Use

Top Pick Storage Facility Electrical Service Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Auto Parts Store

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
$1.97 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,950
Businesses Nearby
97k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 61% Dining 37% Hotels & Casinos 2%
Wawa Shops & Services
55,583 visits/mo 0.2 miles
7 Brew Coffee Dining
10,630 visits/mo 0.2 miles
Dunkin' Donuts Dining
9,808 visits/mo 0.4 miles
Chart House Dining
8,441 visits/mo 0.5 miles
Einstein Bros Bagels Dining
5,863 visits/mo 0.4 miles

Demographics for 32901, FL

26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Melbourne, FL

$24.34 /SF/Yr
Avg Asking Price
$12–$40.24 /SF/Yr
Price Range
3,606 SF
Avg Space Size

This space is priced 46% below the average of $24.34 /SF/Yr.

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?
Conventional restaurant - Vacant commercial space with a bar, commercial kitchen, and C-C3 zoning supporting multiple use possibilities.
Where is this conventional restaurant located?
The property is located at 2021 Melbourne Court Melbourne, FL.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: 5,027‑square‑foot vacant commercial building on a 0.09‑acre site; C‑C3 zoning supports a range of commercial uses; Open interior with a bar, commercial kitchen, and raised stage
More about this property
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