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Flex Building with Warehouse
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354 West Drive, Melbourne, FL 32904

Versatile flex property combining office space, warehouse capacity, overhead doors, and three-phase power.

Property Size7,500 SF
Days on Market141

Property Features for 354 West Drive

General Information

Standard status Active
Size 7,500 SF
Property subtype Industrial

Site & Location

Highway Access Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Height 18 ft
Office Build-Out 1,260 SF
Mezzanine 250 SF
Three-Phase Power Yes

Building Details

Buildings 1
Building Size 7,500 SF
Construction insulated metal wall and roof
Listing Agency: Waterman Real Estate, Inc.
Listed By: Andy Waterman · License #653481
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 31 at 1:33AM

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, Inc.

Investment Insights

Based on property information with market context.

This flex property includes a 7,500-square-foot building on almost an acre, with a dedicated office and restroom component measuring 1,260 square feet. The office layout provides four offices, a reception area, conference room, breakroom with kitchen, and three bathrooms. Additional improvements include a 250-square-foot secure parts storage room and a 250-square-foot mezzanine.

The warehouse features 18-foot clear height, insulated metal walls and roof, and four overhead doors, including three measuring 10 by 12 feet and one measuring 14 by 12 feet. Three-phase power and city water serve the building. The property is located on West Drive in West Melbourne, close to I-95, and is identified as suitable for light industrial, assembly, woodworking, or contractor yard operations.

Key Highlights

  • 7,500‑square‑foot building on almost an acre
  • 1,260‑square‑foot office and restroom area with four offices, reception, conference room, breakroom, and three bathrooms
  • Three 10x12 overhead doors plus one 14x12 overhead door

Property Analytics

Current Use

Vlad's Autobahn Auto Repair Shop

Suggested Use

Top Pick Restaurant Law Firm Real Estate Agency Pharmacy Hair Salon Nail Salon

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

18 ft
Clear height
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32904, FL

35,399
Population
15,117
Households
2.3
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
217.1 sq mi
ZIP Area
163
Density / Sq Mi
$86,943
Median Household Income
$42,451
Median Earnings
$1,763
Median Rent
$334,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile flex property combining office space, warehouse capacity, overhead doors, and three-phase power.
Where is this flex space located?
The property is located at 354 West Drive Melbourne, FL.
What are key features of this property?
This property features: 7,500‑square‑foot building on almost an acre; 1,260‑square‑foot office and restroom area with four offices, reception, conference room, breakroom, and three bathrooms; Three 10x12 overhead doors plus one 14x12 overhead door
(321) 698-3000 Call to check price and availability
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