5720 Us-1 Vero Beach, FL 32967
This exceptional Vero Beach business opportunity encompasses a thriving automotive repair shop and a separate residence, all situated on a 0.93-acre lot at 5720 US-1, Vero Beach, FL 32967. The property features two buildings totaling 4,864 square feet; a 3,700 square foot auto shop and a 1,164 square foot residence. The auto shop is fully equipped with hydraulic lifts and benefits from a prime location on US-1, ensuring high visibility and easy access. The property boasts plentiful parking and is constructed of concrete block with security monitoring in place. The (CG) Commercial General zoning allows for diverse usage options, expanding future potential. The established business enjoys a reputable standing and a loyal customer base. Built in 1997, the property includes county water and septic, and FPL electricity. The 2023 property taxes were $5,676.47. This turnkey operation presents a rare opportunity to acquire a profitable business and valuable real estate for $1,995,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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