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Downtown Commercial Building For Sale

2145 15th Ave, Vero Beach, FL 32960

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For Sale

$849,000

Freestanding commercial building in prime downtown location with growth potential.

Type:Commercial

Property size:

3,431 SF

Price / SF:

$247/SF

HighLights

Prime Downtown location with strong visibility and growth potential.
Flexible layout supports single or dual tenancy with separate entrances and reception areas.
Freestanding commercial building offering ±3,431 SF.
Ideal for professional, medical, legal, accounting, consulting, or boutique commercial users.
Strong investment, owner‑user, or redevelopment potential.
Two adjacent vacant lots available for assemblage or expansion.

We can help!

Listing Contact

T.P. Kennedy

Learn more

For Sale

$849,000

Freestanding commercial building in prime downtown location with growth potential.

Type:Commercial

Property size:

3,431 SF

Price / SF:

$247/SF

Added:: Apr 22, 2026
Days on Market:: 54
Last Refresh:: Apr 22 at 2:25 am

Property Features for 2145 15th Ave

General Information

Standard status: Active
Size: 3,431 SF
Property subtype: Commercial

Building Details

Year Built: 1964

We can help!

Listing Contact

T.P. Kennedy

Listing agent T.P. Kennedy License #3377487

Listing office Alex MacWilliam, Inc.

Listing date Apr 22, 2026

Source Elliman

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 Alex MacWilliam, Inc.

HighLights

Prime Downtown location with strong visibility and growth potential.
Flexible layout supports single or dual tenancy with separate entrances and reception areas.
Freestanding commercial building offering ±3,431 SF.
Ideal for professional, medical, legal, accounting, consulting, or boutique commercial users.
Strong investment, owner‑user, or redevelopment potential.
Two adjacent vacant lots available for assemblage or expansion.

Overview

This freestanding commercial building offers approximately 3,431 square feet in a prime downtown location, providing strong visibility and growth potential. The flexible layout is designed to support single or dual tenancy, featuring separate entrances, reception areas, and addresses. Constructed with masonry and a flat roof, the building includes two restrooms strategically positioned for multi-tenant use. It is suitable for professional, medical, legal, accounting, consulting, or boutique commercial users. The property presents strong investment, owner-user, or redevelopment potential. Two adjacent vacant lots are also available, offering assemblage or expansion opportunities. The location has a walk score of 42, indicating car-dependence, and a bike score of 43, indicating it is somewhat bikeable.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$86.5k	$25.20
− Vacancy	−$9.1k	−$2.65
EGI	$77.4k	$22.55
− OpEx	−$31.0k	−$9.02
NOI	$46.4k	$13.53

3,431 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$663.3K

$580.4K – $773.8K (±1% cap)

NOI $46,430 @ 7.0% cap · market cap 5.47%

Second Best

Office B

$524.5K

$458.9K – $611.9K (±1% cap)

NOI $36,715 @ 7.0% cap · market cap 4.32%

Theoretical Best

Specialty Retail

$752.4K

$658.4K – $877.8K (±1% cap)

NOI $52,670 @ 7.0% cap · market cap 6.20%

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

Location Intelligence

Current Use by Public Records

Chester Clem Pa Law Firm

Suggested Use

Location Insight

Map
Local Demand

City: Vero Beach
County: Indian River
State: Florida
Longitude: -80.4005697
Latitude: 27.6405192

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For sale
Office buildings
FL
Vero Beach
32960
2145 15th Ave

What type of property is this?

Office building - Freestanding commercial building in prime downtown location with growth potential.

Where is this office building located?

The property is located at 2145 15th Ave Vero Beach, FL.

What is the asking price?

The asking price for this property is $849,000.

What are key features of this property?

This property features: Prime Downtown location with strong visibility and growth potential.; Flexible layout supports single or dual tenancy with separate entrances and reception areas.; Freestanding commercial building offering ±3,431 SF.