109 New Haven Ave Melbourne, FL 32901
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17-Unit Storage Facility, High Occupancy
Property Features for 109 New Haven Ave
General Information
- Property type
- Land
Building Details
- Year Built
- 2008
- Stories
- 2
- Units
- 17
Listing Agency: Denovo Realty Listing Agent: Joseph Infantino
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional mixed-use property, located at 109 E New Haven Avenue in Melbourne, Florida, presents a compelling investment opportunity. Built in 2008, this two-story facility encompasses 20,037.6 square feet of land and comprises 17 units. The property currently operates as a 100% leased storage facility, boasting a waiting list and demonstrating strong, consistent income. Three buildings make up the complex, featuring ground-floor garage bay storage units. The low expense ratio, under 20%, contributes to the property's high profitability. This turnkey operation offers significant upside potential through the expansion of untapped storage and office rental opportunities on the upper floor. Situated in a prime location, minutes from Downtown Melbourne and the Florida Institute of Technology, the property benefits from high demand and a strong tenant base. The property's secure income stream, coupled with its expansion potential, makes it an attractive investment for discerning buyers seeking a stable and growing asset in a thriving Florida market. The property's zip code is 32901, and it is situated in Brevard County. This is a rare chance to acquire a well-established, profitable business with significant room for future growth.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
E Power Adventures
Cycling Facility
Judith E Atkin
Law Firm
Vanfossen Amy B
Law Firm
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6188655
- Latitude
- 28.0783435
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FAQs
What type of property is this?
Land - 17-Unit Storage Facility, High Occupancy
Where is this land located?
The property is located at 109 New Haven Ave Melbourne, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: $1,500,000 asking price.; Mixed-use property with 17 units on a 20,037.6 sq ft lot in Melbourne, FL.; 17-unit storage facility built in 2008, two stories.
