MULTI TENANT INVESTMENT PROPERTY - 1601 10th Ave. $1,975,000

PENDING
  • MULTI TENANT INVESTMENT PROPERTY - 1601 10th Ave.
  • MULTI TENANT INVESTMENT PROPERTY - 1601 10th Ave.
  • MULTI TENANT INVESTMENT PROPERTY - 1601 10th Ave.
  • MULTI TENANT INVESTMENT PROPERTY - 1601 10th Ave.
  • MULTI TENANT INVESTMENT PROPERTY - 1601 10th Ave.

Current Price: $1,975,000
New Price:
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Year Built
1982
Name Location Type Distance

1601 10th Ave, Vero Beach
• Two Centrally Located Flex-Space Buildings
• Just West of US1, Majestic Theatre, and Bowling Alley
• Multiple Long Term Tenants
• Small, Easy to Rent Units with Bay Doors
• Well Maintained and Locally Managed
• Industrial Zoning Allowing for Multiple Use Types
• Concrete Block Construction with Security Monitoring
• 53 Parking Spaces
• BUILDINGS: 2 Building Totaling 16,650 SF on 1.19 Acres
• ZONING: (M) Industrial
• R.E. TAXES: $20,136 (2020)
• YEAR BUILT: 1982
• UTILITIES: City Water & Sewer, FPL

PRO FORMA NOI: $143,173.84
PRO FORMA CAP RATE: 7.2%
SALE PRICE: $1,975,000

1601 10th Ave.
Vero Beach, Florida
United States
Sale Type: PENDING
Category: Income
Kevin Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-532-1165
Year Built
1982
Zoning
M-Industrial
1601 10th Ave.
Vero Beach, Florida
United States
Sale Type: PENDING
Category: Income
Kevin Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-532-1165
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