US HWY 1 INVESTMENT PROPERTY - 1206, 1208 & 1210 US Hwy 1 $595,000
Current Price: $595,000
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1206, 1208 & 1210 US Hwy 1, Sebastian
•Historic Downtown Sebastian Riverfront District!
•Fully Rented with Strong Historic Occupancy!
•Ideal Opportunity for Owner-User.
•Close to Shopping and Restaurants!
•On-Street and Off-Street Parking.
•Additional Parking Can be Added.
•Additional Land Available for Redevelopment!
•County Water & Sewer, FPL
•Taxes: $7,274.24 (2019)
•Zoning: (CWR) Commercial Waterfront Residential
BUILDINGS: 3 buildings located on US Hwy 1 with 192 ft. of frontage on US Hwy 1 and 127 ft. of depth! Situated on .52 acres!
Building 1 - 1,120 SF Office/Retail
Building 2 - 2,052 SF Office Historic Building
Building 3 - 986 SF Duplex
TOTAL 4,158 SF
CAP RATE: 7%
ACTUAL NOI: $41,407.75
SALE PRICE: $595,000
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