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    635 New Haven Ave Melbourne, FL 32901

    For Lease
    $36 SF/Yr ($18,817 /Mo)

    Prime Retail, Historic District, 6,262 SF

    Lot size:
    6,262 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional Class A, mixed-use retail space totals 6,262 square feet, located in Historic Downtown Melbourne's vibrant core. Situated at the base of a 171-unit Class A high-rise residential community, this property offers unparalleled visibility and accessibility. The space is currently fully vacant and divisible to a minimum of 2,500 square feet, with a maximum contiguous space of 6,262 square feet. The building, constructed in 2020, features 11 stories, 175 parking spaces, and elevators. The 1.96-acre lot boasts a 6 FAR and is zoned C3 - CRA - Mixed Use in Brevard County. Benefit from the high foot traffic and proximity to over 288 businesses within a one-mile radius, including numerous dining, shopping, and entertainment options. This location provides an ideal opportunity to establish a thriving business within a thriving, culturally rich environment.

    Property Features for 635 New Haven Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,262 SF
    Class
    A
    Total Rate
    18817.31

    Building Details

    Year Built
    2020
    Buildings
    1
    Stories
    11

    Unit(s) available at that property

    Space
    Size
    6,252 SF
    Rate per SF
    $36

    HighLights

    • 6,262 SF of Class A retail space available in a mixed‑use building.
    • Located in Historic Downtown Melbourne, Brevard County, at the base of a 171‑unit Class A high‑rise residential building.
    • Space is divisible, with a minimum of 2,500 SF and a maximum of 6,262 SF contiguous space available.
    • Building features 175 parking spaces and elevators.
    • Property sits on a 1.96‑acre lot with C3 - CRA - Mixed Use zoning.
    • Built in 2020, the one‑story building offers high visibility and pedestrian access.
    Property Profile Location Intelligence

    Current Use by Public Records

    HighLine Apartments Apartment Complex Best Private Investigations Private Investigator

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Clothing Store Food Market Nail Salon Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.609703416482
    Latitude
    28.078478053496

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    FAQs

    What type of property is this?
    Retail property - Prime Retail, Historic District, 6,262 SF
    Where is this retail property located?
    The property is located at 635 New Haven Ave Melbourne, FL.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: 6,262 SF of Class A retail space available in a mixed-use building.; Located in Historic Downtown Melbourne, Brevard County, at the base of a 171-unit Class A high-rise residential building.; Space is divisible, with a minimum of 2,500 SF and a maximum of 6,262 SF contiguous space available.
    Request Owner's contact information
    635 New Haven Ave Melbourne, FL 32901
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    Melbourne, FL 32901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    635 New Haven Ave Melbourne, FL 32901
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