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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

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Listing Contact
Joseph Infantino
Joseph Infantino

Listing Agency: Denovo Realty Listing Agent: Joseph Infantino

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

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

Suggested Use

Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Melbourne
County
Brevard
State
Florida
Longitude
-80.6188655
Latitude
28.0783435

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.
(321) 604-8896 Call to check price and availability
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