5720 Us-1 Vero Beach, FL 32967
- Retail properties
- 4,864 SF
- 0.93 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5720 Us-1
- Year built
- 1997
- Lot size
- 0.93 lot acres
- Property size
- 4,864 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
Description
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.
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
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.4139
- Latitude
- 27.6972
