850 20th Place
Vero Beach, FL 32960

Property

Ownership: Commercial
Type: Office

Financials

Price:$849,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Mac Evoy Real Estate Co

Description

Amazing opportunity with upside potential to own the fully leased 800 Building in the heart of Vero Beach! Minutes from Miracle Mile Plaza. Owned and managed by long time Vero Beach Real Estate family. Currently grossing $83K. Located where State Road 60 meets US 1! 6 individual office suites ranging from 750 sq ft to 950 sq ft. (2 can be combined for 1600 s q ft) Generous parking lot behind building. Concrete building with newer flat roof, (within 5 years) updated a/c units (most within 5 years) and lawn sprinkler system and easy to use accordion hurricane shutters. Zoned for professional/office, superior location with easy access to downtown, beach side, west of town. Well maintained. A ''turn key'' investment opportunity with all leases in place. 7% return on investmen

Unbranded Virtual Tour: https://www.propertypanorama.com/850-20th-Place-Vero-Beach-FL-32960/unbranded

Amazing opportunity with upside potential to own the fully leased 800 Building in the heart of Vero Beach !


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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.