653-665 University Blvd Melbourne, FL 32901
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 653-665 University Blvd
- Year built
- 1980
- Property type
- Retail properties
- Property subtype
- Land
Description
Exceptional investment opportunity in Melbourne, Florida, featuring two adjacent properties totaling 86,248.8 square feet. The 653 E. University Blvd. property currently operates as a successful convenience store and gas station. The adjacent 665 E. University Blvd. property, previously a beauty supply business and restaurant, is divisible into three retail units, offering flexible configuration options. Located less than a mile from Florida Institute of Technology, this property benefits from high visibility on a major thoroughfare with an estimated 10,000 vehicles daily. The C-1 Neighborhood Zoning allows for diverse uses including residential, restaurant, fast food, office, medical, retail, or church development. Built in 1980, this property presents a unique chance to capitalize on a prime location and flexible zoning. The asking price is $1,800,000. Buyer to verify traffic counts and zoning information.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6101
- Latitude
- 28.0634
