Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1984
Sq.Footage
5,011
Outstanding investment opportunity. Corner lot with major road frontage. Island Plaza is a 5,011 square foot, multi-tenant strip center located on Old Dixie Highway in the South East sub market of Vero Beach. The center boasts premium corner lot visibility, access, monument signage, and quality block construction. Island Plaza is located on a busy highway that produces a tremendous traffic count. The retail center is very close to thousands of homes and businesses. Island Plaza consists of 6, Internet resistant tenants that service the surrounding area. The Vero Beach sub market boasts very high income and density. Vero Beach is a high-end destination location with homes that sell for over $30 million dollars. Located close to the beach, river and highways. Tenants are responsible for all repairs inside there units. There are no major repairs needed so the buyer's profit margin should easily be maintained for many years to come. This is an extremely rare opportunity to own a retail strip center for such a great price!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
No
Area & Lot
-
Lot Features
City Lot, Landscaped
-
Lot Size(acres)
0.51
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$599,000
-
Tax Amount
$7,133.09
-
Financing Options
Cash
-
Sq. Footage
5,011
-
Price/SqFt
$119
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Association Amenities
Beach Access
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Indian River
Elementary School
Middle School
High School
Listing Courtesy of Keith R Brodsky, Classic Homes of Treas Coast
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