Current Use by Public Records
- Retail properties & Spaces
Property Details for 766 St Clair St
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional 0.36-acre corner lot in Melbourne, Florida, presents a unique restaurant opportunity. Located in the thriving Eau Gallie Arts District, this C3-zoned property boasts high visibility on US1, just one block from the intersection of Eau Gallie Blvd and US1, ensuring significant traffic exposure. The property benefits from a grandfathered large road sign and allows for a branded mural on the building for additional signage. The site is a single-tenant space, perfect for a stand-alone restaurant. Development plans for a boutique hotel and 300 luxury apartments within the next 24-36 months promise continued growth in the area. The landlord possesses permits for construction and extensive experience in restaurant development nationwide, offering the potential for a modified build-to-suit arrangement for the right tenant. The APN is 27-37-16-25-40-1, and the property is located at 766 St Clair St, Melbourne, FL 32935. This is a rare chance to establish a thriving business in a rapidly expanding, vibrant community.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6307
- Latitude
- 28.1309
