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Property summary
This exceptional 4,727-square-foot creative office space is available for lease in the vibrant heart of Downtown Melbourne. Situated in a building totaling 9,600 square feet, this single-tenant property offers a sleek and functional layout perfect for businesses seeking a modern and inspiring work environment. Built in 1973 and recently updated, the space boasts updated electrical systems and ample storage. The property also includes convenient bay doors. Its location provides easy access to major highways, maximizing convenience for employees and clients. The surrounding Downtown Melbourne area (DTMB) is a thriving hub of activity, boasting over 288 businesses within a one-mile radius, including 45 restaurants, 47 shops, 9 unique experiences, and numerous professional offices. This high-traffic area offers significant brand exposure and access to a diverse clientele. The area's cultural richness is further enhanced by 18 murals, 6 art galleries, and 2 theaters, creating a dynamic and attractive atmosphere. This property is ideal for startups seeking to establish a strong presence or established businesses looking to upgrade to a contemporary and inspiring workspace. The property sits on a 0.6-acre lot. The building is classified as Office, Industrial, and Special Purpose.
Property profile
VerifiedCap rate & NOI
Current use
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Business Service Center
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Event Planning Wedding Service
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Advertising Agency Marketing & Advertising
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The provisions of this district are intended to apply to an area adjacent to arterial and major collector streets and convenient to major residential areas. The types of uses permitted are intended to serve consumer need…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C1 · Melbourne, FLThe provisions of this district are intended to apply to an area adjacent to arterial and major collector streets and convenient to major residential areas. The types of uses permitted are intended to serve consumer need…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The provisions of this district are intended to apply to an area adjacent to arterial and major collector streets and convenient to major residential areas. The types of uses permitted are intended to serve consumer need…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C1 in Melbourne, FL.
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