Current Use by Public Records
- Mixed-use properties
Property Details for 1280 Us-1
- Year built
- 1948
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
Exceptional investment opportunity in Malabar, Florida. This mixed-use property, situated on a prominent US-1 location, boasts 4,500 square feet across three units on a 26,571.6 square foot lot. The building, constructed in 1948 and extensively renovated in 2023, features a brand new flat roof and a resealed metal roof in excellent condition. The property includes 97 feet of desirable river frontage and a spacious 17-space parking lot. Unit 1 offers a large open office space with high ceilings, a full kitchen, bathroom, and laundry room. Unit 2 provides a large open area with two workstations, two private rooms, a full bathroom, kitchen, and dinette area. Currently combined with Unit 3, which includes a lobby, reception area, two private rooms, and a half-bath. The permitted zoning is Mixed Use, offering flexibility for a variety of commercial ventures. This property presents a rare opportunity to acquire a well-maintained, updated commercial building in a high-traffic area with significant riverfront access. The asking price is $1,399,900, translating to $311.09 per square foot. The single-story building sits on a substantial lot, providing ample space and potential for future expansion or development. This is an ideal investment for those seeking a strong return in a thriving Florida market.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Malabar
- County
- Brevard
- State
- Florida
- Longitude
- -80.5651
- Latitude
- 28.0054
