2870 Post 2870 Rd Melbourne, FL 32935

Property Details for 2870 Post 2870 Rd

Year built

1980

Lot size

0.60 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property, located at 2870 Post Road in Melbourne, Florida, presents a unique investment opportunity. The property encompasses a 0.6-acre lot and features a substantial 1646 square foot second-generation restaurant space, perfectly suited for a variety of culinary ventures. An added benefit is the expansive 1600 square foot covered patio, ideal for outdoor dining and expanding seating capacity. The property is currently under lease, providing immediate cash flow, with the existing lease expiring in February 2026. Importantly, the current lease operates below market rates, presenting significant potential for increased rental income upon lease renewal or occupancy by a new tenant. This translates to a strong return on investment for the discerning buyer. The property's location in Melbourne, Florida, offers access to a thriving community and a robust local economy, ensuring a stable and potentially lucrative investment. The sale is for the real estate only. This is a rare opportunity to acquire a well-established restaurant space with significant upside potential in a desirable location. The combination of existing lease income and the potential for future rental increases makes this a compelling investment prospect. Serious inquiries are encouraged to explore this promising commercial real estate offering. The property is priced at $650,000.