PRIME U.S. HWY. 1 CORNER FOR SALE - 701, 705, 709, 717 U.S. Highway 1 $975,000
Current Price: $975,000
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701, 705, 709, 717 U.S. Highway 1, Sebastian, Florida
•Prime U.S. Highway 1 exposure with traffic signal!
•330’ feet of road frontage!
•Currently 3 different tenants!
•High Growth Area!
•Buy as investment and redevelop in the future!
•Totaling Four Parcels - not in a flood zone
•Fully Leased Property with 3 tenants:
1) Pre-Owned Vehicle Dealership/Display Lot - 400 SF
2) Masonry Diesel Repair Shop - 1,269 SF
3) Restaurant - 2,009 SF
4) Upholstery Business - 875 SF
5) Outside Detail Tent Business - 600 SF
Total Square Feet = 5,153 SF
•Year Built: 1958-1962
•Utilities: County Water & Sewer with lift station.
•Property Size: 1.02 Acres, 330 ft. frontage by 135 ft. of depth!
•Real Estate Taxes: $11,520.80 (2021)
•Traffic Count: 27,535 (2020)
•Rental Income: Current Annual Gross Rent $78,000
CURRENT NOI: $69,000 ASKING PRICE: $975,000
701 US Hwy 1 Sebastian, Florida 32958 United States
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