211 Nieman Ave Melbourne, FL 32901-1273
This exceptional 7,687 square foot retail property, located at 211 Nieman Avenue in Melbourne, Florida (zip code 32901), presents a unique investment opportunity. Situated on a spacious 1.49-acre lot (APN 27-37-28-75-00000.0-0154.00), this single-tenant building offers ample space for a variety of businesses. The property features a fully equipped kitchen, including a grease trap, various appliances, and a walk-in freezer, making it ideal for food-related ventures such as restaurants, bars, pubs, or catering services. A large wet bar is also included, perfect for serving drinks and entertaining. The building boasts nine toilets distributed across two men's and two women's restrooms. Additional features include a rear storage room with attic access, a freshly painted exterior, and a large parking lot with extra grass parking areas. This property's size and amenities make it a highly desirable location for a variety of commercial uses. The property is conveniently located in Melbourne, Florida, offering easy access to major roadways and a thriving local community. This is a rare opportunity to acquire a substantial retail space in a prime location. Contact us today to schedule a viewing.
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.