5,850 SqFt
5,850 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,850 sqft
Price per Sqft $170
MLS Listing ID 1083856
HOA Y/N No
Total Fin. Sqft 5850
Year Built 1991
Annual Tax Amount $11,106
Tax Year 2023
Lot Size 0.860 Acres
Acres 0.86
Property Sub-Type Retail
Source Space Coast MLS (Space Coast Association of REALTORS®)
Land Area 5850
Property Description
Existing leases include automatic annual rent increases, providing embedded revenue growth & the potential for increased cash flow over time & at lease renewal. Room for rent increases.
The property was recently placed under the management of a highly rated local professional management company, which provides monthly reconciled financial reporting, rent collection oversight, security deposit handling, full-service property management, & even some maintenance!
Buyer is solely responsible for conducting all due diligence & independently verifying all property, lease, income, expense, zoning, & operating information. Additional terms, fees, disclosures, & or conditions may apply.
Location
State FL
County Brevard
Area 344 - Nw Palm Bay
Direction These directions begin at Palm Bay Road and Minton Road: Travel west on Palm Bay Road toward Minton Road. Turn left--south--onto Minton Road. Continue approximately 0.2 mile. Turn right onto Emerson Drive NW. Continue west for approximately 1.3 miles. 214 Emerson Drive NW will be on the left, near Jupiter Boulevard NW. For GPS, enter the complete address: 214 Emerson Drive NW, Palm Bay, FL 32907
Interior
Inclusions Building & Land
Exterior
Exterior Feature ExteriorFeatures
Parking Features Off Street, Parking Lot
Accessibility Accessible Approach with Ramp
Garage No
Building
Lot Description Other
Sewer Septic Tank
Water Public
Others
Senior Community No
Tax ID 28-36-23-Kn-01939.0-0002.00
Virtual Tour https://www.virtualtourcafe.com/mls/10009470
Nearby Locations
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REALTOR® | Lic# 3523797