1959 14th Ave Vero Beach, FL 32960-0670
This exceptional 3,076 square foot single-tenant space presents a unique investment opportunity in the heart of Vero Beach, Florida. Located at 1959 14th Ave, zip code 32960, this property boasts a commanding corner lot position within the historic Masonic Lodge, ensuring high visibility and foot traffic. The building is zoned DTW within Indian River County's Vero Beach submarket. The space is ideal for a variety of uses, including retail, traditional office, or even a restaurant, offering a blend of historic character and modern adaptability. The property features a single tenancy, eliminating the complexities of multi-tenant management. While elevators are not present, the first-floor location provides convenient accessibility. This is a rare chance to secure a prominent location in a thriving downtown area, offering significant potential for business growth and success. The property's location in the vibrant Vero Beach downtown area provides easy access to local amenities, businesses, and a strong customer base. This space offers a unique opportunity to establish a presence in a highly desirable and visible location. The historic charm of the building combined with its modern potential makes it an attractive option for businesses seeking a distinctive and memorable space.
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Vero Beach Masonic Lodge No. 250 F. & AM Volunteer Organization Community Center
The purpose of this district is to establish a set of flexible development standards which can be implemented in the Downtown Districts of Vero Beach. The Downtown District is designed to expand development opportunities and activity in the area as described in the Downtown Plan. Development standards in this district are designed to augment the traditional…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
DTW · Vero Beach, FLThe purpose of this district is to establish a set of flexible development standards which can be implemented in the Downtown Districts of Vero Beach. The Downtown District is designed to expand development opportunities and activity in the area as described in the Downtown Plan. Development standards in this district are designed to augment the traditional mixed use character of downtown by allowing residential to mix with commercial uses
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.