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2415 Babcock St Melbourne, FL 32901

For Sale
$2,500,000

Two-building office complex, 13,690 SF, 100% occupied

Property size:
13,690 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional investment opportunity presents two adjacent, single-story office buildings totaling 13,690 square feet in Melbourne, Florida. Located at 2415 S Babcock St, 32901, this multi-tenant property boasts 100% occupancy with seven tenants under modified gross leases. The buildings, constructed of brick and stucco, feature prominent monument signage providing excellent visibility. The property benefits from high daily traffic counts of 28,222 vehicles, ensuring strong tenant exposure. Conveniently situated near Melbourne Airport, downtown Melbourne, State Road 192, US-1, and just north of Florida Institute of Technology, this location offers unparalleled accessibility. The asking price is $2,500,000, translating to $182.62 per square foot. This well-maintained property presents a stable income stream with significant upside potential. The two buildings are nearly identical in size, with one encompassing 7,290 square feet and the other 6,400 square feet. This portfolio represents a rare opportunity to acquire a high-performing commercial property in a thriving Florida market.

Property Features for 2415 Babcock St

General Information

Property type
Office Properties & Spaces
Square Feet
13,690 SF

Building Details

Buildings
2
Stories
1

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Rosela Sanchez Therapeutic Massage Therapist PBS Professional Services Montenegro’s Beauty Space Beauty Salon Geriatric Assessment Services Social Services Organization Mila Massage&Foot Spa Massage Spa

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Melbourne
County
Brevard
State
Florida
Longitude
-80.621280907402
Latitude
28.072143918856

FAQs

What type of property is this?
Office Property / Space - Two-building office complex, 13,690 SF, 100% occupied
Where is this office property / space located?
The property is located at 2415 Babcock St Melbourne, FL.
What is the asking price?
The asking price for this property is $2,500,000.
More about this property
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