2051 Hbr City Blvd Melbourne, FL 32935-6649
This exceptional 1.09-acre commercial property, located at 2051 N. Harbor City Blvd in Melbourne, FL (32935), presents a unique investment opportunity. Boasting 17,020 square feet of space across two buildings, this property enjoys a prime corner location on US-1, benefiting from high visibility and accessibility with over 30,000 vehicles passing daily. Currently configured as a retail space and warehouse, the property features 11,642 square feet of retail area, a 4,640 square foot warehouse, and a 774 square foot mezzanine. The warehouse includes two 10'x10' overhead roll-up truck doors with truck wells. Ceiling heights range from 10 feet in the showroom to 20 feet in the warehouse, with eave/building heights of 12-20 feet. The property also includes a paved parking lot with 25 spaces. Recent improvements include a roof coating (2021) and six air conditioning units (three installed in 2023, three in 2013). The property is zoned C-1, allowing for a wide range of uses including general retail, restaurants, medical facilities, various housing types (single-unit, senior, student), bed and breakfasts, hotels/motels, offices, and research and development. The asking price is $2,200,000 ($129.26/sq ft). The property is currently 100% occupied, with the occupancy date expiring November 22, 2024. Built in 1979 and renovated in 1985, this property offers significant potential for a variety of commercial ventures. A current appraisal is available. The owner has operated the retail showroom and warehouse for over 50 years and the property will be cleared upon sale.
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Badcock Home Furniture &more Home Decor Store Department Store
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Melbourne, FLMelbourne. Always verify with local authorities before improvements.
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.