Map of Property

620 E New Haven Ave

For Sale

620 East New Haven Avenue, Melbourne, FL 32901

This Melbourne property for sale is located at 620 East New Haven Avenue. The current listed sale price for 620 E New Haven Ave is $1,750,000. 620 E New Haven Ave is situated on a lot that is 0.77 acre in size.

Contacts

broker
Cassandra Hartford

Reach Commercial Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 4,002 SF
  • Units 6
  • Lot Size 0.77 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1954
  • Year Renovated 2022
  • Date Updated Jan 3, 2025
Historic Downtown Melbourne is a thriving destination, with an impressive array of 288 businesses within a one-mile radius. The area features a diverse mix of 45 dining establishments, 47 shopping venues, 9 unique experiences, and numerous professional offices. The district's cultural appeal is enhanced by 18 captivating murals, 6 art galleries, and 2 theaters, creating an immersive and culturally rich ambiance that draws customers from throughout Brevard County. The property benefits from strong demographics, with a population of 169,000 residents within a 15-minute drive. The average household income in the area is $85,883, projected to reach $99,247 by 2028 according to US Census - Esri forecasts. This demographic profile attracts a diverse audience, from young and well-compensated 'knowledge-economy' professionals and families to affluent retirees, ensuring a consistent flow of potential customers and tenants.620 E New Haven Ave is a meticulously maintained mixed-use building featuring five apartments and two retail spaces. With annual income of gross income of $116,940, blending both residential and commercial income, gross and NNN, this property offers a diverse and stable revenue stream. The building has undergone extensive recent renovations, including a roof replacement, fresh paint, new impact-rated windows, a new front patio, landscaping improvements, parking lot replacement, and new air conditioning units. These comprehensive upgrades position the property for long-term, profitable holding with minimal near-term capital expenditures.For Lease: 620 E New Haven Lease Price: $1,750.00 per month (NNN) 506 Sq Ft Lease Terms: 3-year minimum Availability: Immediate occupancy.
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Getting around

  • 85/100

    Walk Score ®

  • 58/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Melbourne, FL
  • Zip Code 32901
  • Market Orlando

Points of Interest

  • Wawa

    0.46 miles

  • 7-Eleven

    1.00 miles

  • Marathon

    1.20 miles

  • BP

    1.52 miles

  • Speedway

    1.68 miles

  • Exxon

    1.76 miles

  • Chevron

    2.08 miles

  • Sunoco

    2.15 miles

  • Tesla Supercharger

    4.37 miles

  • B1 Parking

    0.65 miles

  • Driver Training Lot

    0.87 miles

  • Columbia Village Parking Garage

    1.08 miles

  • Rental Car Lot

    1.78 miles

  • Joe Mullins Park Parking

    2.31 miles

  • Central Parking - Main Lot

    4.41 miles

  • North Parking - East of Main Building

    4.43 miles

  • West Parking - Back Lot

    4.52 miles

  • Palm Bay Lot

    5.37 miles

  • South Malabar Parking

    5.64 miles

  • Mister 01 Extraordinary Pizza

    0.05 miles

  • The Landing

    0.18 miles

  • Mustard's Last Stand

    0.19 miles

  • Crydermans BBQ

    0.26 miles

  • El Ambia Cubano

    0.37 miles

  • Hell 'n Blazes Brewing Company

    0.38 miles

  • Melbourne Seafood Station

    0.48 miles

  • The Mansion

    0.50 miles

  • Tijuana Flats

    0.64 miles

  • Domino's

    0.67 miles

  • Publix

    0.80 miles

  • Walmart Neighborhood Market

    1.80 miles

  • Brazil 4 You

    1.94 miles

  • ALDI

    2.23 miles

  • Macy's

    2.25 miles

  • Melbourne Square Mall

    2.40 miles

  • Dillard's

    2.42 miles

  • JCPenney

    2.55 miles

  • Ross

    2.72 miles

  • Burlington

    2.73 miles

In-Depth Research Available for this Property

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Contact Listing Broker
broker
Cassandra Hartford

Reach Commercial Real Estate