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Property profile & analytics
OFF-MARKET
Restaurants

801 New Haven Ave Melbourne, FL 32901

6,782 SF 0.36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional restaurant property presents a rare opportunity in the heart of downtown Melbourne. Boasting a highly visible corner location, the 6,782 square foot building offers 5,177 square feet of interior space dedicated to kitchen and dining, complemented by a substantial 1,605 square foot covered patio and bar area. The previous tenant accommodated 299 diners, showcasing the property's significant capacity. A dedicated parking lot with 12 spaces is included, offering ample parking for patrons and potential use for local events. This property benefits from its proximity to significant recent developments, including the 11-story Hotel Melby (Tapestry Collection by Hilton), completed in 2021, just one block north, and the 171-unit Highline Apartments, finished in 2020, two blocks west. The property's strategic location directly across the street from Meg O'Malley's Irish Restaurant and Pub further enhances its visibility and desirability. The property is zoned C-3, situated on a 0.36-acre lot in Brevard County, making it an ideal investment or lease opportunity for discerning restaurateurs seeking a prime location in a thriving downtown area.

Property profile
Verified
Property type Restaurants
Total area 6,782 SF
Lot 0.36 ac (15,682 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Downtown Melbourne Public Valet by Ameristar Parking Solutions Parking Lot & Garage
  • Angela's Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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