DOWNTOWN OFFICE CENTRE INVESTMENT - 1201 19th Place $7,500,000

PENDING
  • DOWNTOWN OFFICE CENTRE INVESTMENT - 1201 19th Place
  • DOWNTOWN OFFICE CENTRE INVESTMENT - 1201 19th Place
  • DOWNTOWN OFFICE CENTRE INVESTMENT - 1201 19th Place
  • DOWNTOWN OFFICE CENTRE INVESTMENT - 1201 19th Place
  • DOWNTOWN OFFICE CENTRE INVESTMENT - 1201 19th Place

Current Price: $7,500,000
New Price:
Rate data provided daily by European Central Bank
Please enter your starting address in the form input below.

Lot Acres
1.96
Name Location Type Distance

1201 19th Place, Vero Beach
• Located directly on the East bound lane of SR 60 on busy corner in downtown Vero Beach!
• Walking distance to restaurants & shopping!
• Meticulously maintained inside and outside!
• Three Covered parking spaces available per floor
• Long term cellular telephone roof tower leases
• Some office currently available to buyer!
• New roof on Building A in 2017. B replaced in 02.
• Completely repainted in 2015
• Building: 

Bldg. A Gross SF = 20,452 + Roof PH 966 SF  = 21,418 
Bldg. B Gross SF = 19,616 + Roof PH 600 SF+= 20,216
                                40,068                                     41,634                

• Property Size: 1.96 Acres, with approximately 256 ft. of frontage on Rte. 60 East and approximately 412 ft. of depth.
• Year Built: Building A = 2005 / Building B = 1972
• Zoning: (DTW) Downtown District
• Utilities: City Water, Sewer & Electric
• R.E. Taxes: $52,715.79 (2017)
• NOI: $580,000 (currently 90% occupied)
• CAP RATE: 7.7%

SALE PRICE: $7,500,000


1201 19th Place
Vero Beach, Florida
United States
Sale Type: PENDING
Category: Income
Ron Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-538-3930
Lot Acres
1.96
Zoning
DTW
1201 19th Place
Vero Beach, Florida
United States
Sale Type: PENDING
Category: Income
Ron Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-538-3930

Please complete the form below to request a showing for this property. We will review your request and respond to you as soon as possible. Please add any additional notes or comments that we will need to know about your request.

 
1201 19th Place
Vero Beach, Florida
United States
Sale Type: PENDING
Category: Income
Ron Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-538-3930
The official Lambert Commercial Real Estate, Inc. website and all pages linked to it or from it, are PROVIDED ON AN "AS IS, AS AVAILABLE" BASIS. Lambert Commercial Real Estate, Inc. MAKES NO WARRANTIES, EXPRESSED OR IMPLIED, INCLUDING, WITHOUT LIMITATION, THOSE OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO ANY INFORMATION OR USE OF INFORMATION CONTAINED IN THE WEBSITE, OR LINKED FROM IT OR TO IT. Lambert Commercial Real Estate, Inc. does not warrant or guarantee the accuracy, adequacy, quality, currentness, completeness, or suitability of any information for any purpose; that any information will be free of infection from viruses, worms, Trojan horses or other destructive contamination; that the information presented will not be objectionable to some individuals or that this service will remain uninterrupted.