261 Thor Ave SE

For Sale

261 Thor Ave SE, Palm Bay, FL 32909

This Palm Bay property for sale is located at 261 Thor Ave SE. The general use of 261 Thor Ave SE is industrial and it incorporates 4,170 square feet of class C industrial space. The current listed sale price for 261 Thor Ave SE is $799,000. 261 Thor Ave SE is situated on a lot that is 0.56 acre in size.

Contacts

broker
Cassandra Hartford

Reach Commercial Real Estate

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 4,170 SF
  • Units 3
  • Lot Size 0.56 Acre
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 2002
  • Date Updated Dec 11, 2024
  • HVAC None
Situated in central Palm Bay, just south of the Malabar Road and Babcock Street intersection, this property is less than a mile from Interstate 95. It offers convenient access to Eastern Florida State College, Health First Palm Bay Hospital, and a variety of shopping, dining, and educational facilities in the area. This location is ideal for establishing your business. Economic Highlights: The property is positioned in a dynamic economic region, where Florida’s high-tech economy is the most concentrated in the state, as recognized by the Milken Institute in 2019. The city of Palm Bay is noted as the second highest-performing large city in the U.S. by the same institute. Additionally, Florida ranks fourth in the State Tax Climate Index for 2022, making it an attractive business location. The area also boasts the third-best wage growth in the country, highlighted by the Milken Institute in 2021, and is ranked among the top 10 best cities for STEM jobs by Forbes.com.This 4,170 square foot commercial property in Palm Bay, FL, built in 2002, sits on a 0.56-acre lot and consists of three distinct units. The property is well-suited for various business operations, offering 14-foot ceilings and 12 parking spaces. The largest unit provides approximately 1,700 square feet of shop and office space, complete with two bathrooms. Additionally, there is an 800-square-foot apartment that can serve as a security dwelling, and a 1,500-square-foot bay shop with an office. Each unit is equipped with its own HVAC system and separate utilities, providing flexibility for tenant use. Located in Brevard County, an area known for its strong economic growth and proximity to major aerospace and technology companies, this property is listed at $799,000.
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Getting around

  • 37/100

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  • 59/100

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Location

  • City Palm Bay, FL
  • Neighborhood Palm Bay
  • Zip Code 32909
  • Market Orlando

Points of Interest

  • RaceTrac

    0.43 miles

  • Sunoco

    0.57 miles

  • Shell

    0.68 miles

  • Citgo

    0.86 miles

  • BP

    0.89 miles

  • Mobil

    0.95 miles

  • Marathon

    1.36 miles

  • Cumberland Farms

    1.83 miles

  • Tesla Supercharger

    4.10 miles

  • Bill's Car Wash

    0.48 miles

  • Hurricane II Car Wash

    3.07 miles

  • Dirty Dog's Car Wash

    5.93 miles

  • Alamo

    7.26 miles

  • National

    7.26 miles

  • Enterprise

    7.26 miles

  • Budget

    7.26 miles

  • Florida Car Wash

    8.96 miles

  • Loreen's Village Cafe

    0.41 miles

  • Siwon Tasty

    0.42 miles

  • Twisty Cone

    0.54 miles

  • Pherrara's Pizza

    0.70 miles

  • Waffle House

    0.94 miles

  • Burger King

    0.96 miles

  • Texas Roadhouse

    0.98 miles

  • McDonald's

    0.99 miles

  • Subway

    1.05 miles

  • Arby's

    1.06 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Cassandra Hartford

Reach Commercial Real Estate