Retail / Office - Ideal for Owner/User or Investment

For Sale

1106 W New Haven Ave & 51 Carolina St, West Melbourne, FL 32904

This West Melbourne property for sale is located at 1106 W New Haven Ave & 51 Carolina St. The general use of Retail / Office - Ideal for Owner/User or Investment is retail and it incorporates 11,400 square feet of class C retail space. The current listed sale price for Retail / Office - Ideal for Owner/User or Investment is $2,200,000. Retail / Office - Ideal for Owner/User or Investment is situated on a lot that is 1 acre in size.

Contacts

broker

Adam Rathbun, CCIM, SIOR

SouthTrend Realty

Property Details

  • Property Type Retail - Street Retail
  • Property Size 11,400 SF
  • Units 8
  • Lot Size 1 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Date Updated Oct 3, 2024
This property is on the SE corner of West New Haven Ave and Carolina St and is approximately 500 ft west of Dairy Road on New Haven Ave.This sales includes two buildings which are as follows: 1106-1112 New Haven Ave - Retail - 5,700 sf - 4 units - built in 1991 51 Carolina St - Retail / Office - 5,700 sf - 4 units - built in 2009 Currently 3,700 sf is vacant in the New Haven building which can be split into two tenancies. This space was previously occupied by the property owner. The property is located in a high traffic& exposure location with lighted signage on New Haven.

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Highlights

  • Proforma Net Operating Income: $142,842
  • * Includes vacant 3,700 sf leased at $18.00/sf gross.
  • Stable tenancy
  • High visibility location
  • Ideal for owner to use the vacant 3,700 sf and earn cash flow on the remaining property.

Getting around

  • 64/100

    Walk Score ®

  • 59/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City West Melbourne, FL
  • Neighborhood West Melbourne
  • Zip Code 32904
  • Market Orlando

Points of Interest

  • Cumberland Farms

    0.07 miles

  • Marathon

    0.43 miles

  • 7-Eleven

    0.78 miles

  • Mobil

    1.53 miles

  • BP

    1.73 miles

  • Speedway

    1.90 miles

  • Tesla Supercharger

    3.28 miles

  • Columbia Village Parking Garage

    1.21 miles

  • Rental Car Lot

    1.32 miles

  • Driver Training Lot

    1.48 miles

  • B1 Parking

    1.75 miles

  • Joe Mullins Park Parking

    2.79 miles

  • Central Parking - Main Lot

    2.94 miles

  • North Parking - East of Main Building

    2.97 miles

  • West Parking - Back Lot

    3.04 miles

  • Palm Bay Lot

    4.10 miles

  • Melbourne - Eau Gallie Lot

    5.36 miles

  • Cerrato's Italian Market and Deli

    0.17 miles

  • Shells Seafood

    0.38 miles

  • Jason's Deli

    0.40 miles

  • Keke's Breakfst and Lunch

    0.41 miles

  • Smokey Bones

    0.43 miles

  • Chipotle

    0.49 miles

  • Outback Steakhouse

    0.49 miles

  • Steak 'n Shake

    0.52 miles

  • BJ's

    0.62 miles

  • Chick-fil-A

    0.66 miles

  • Brazil 4 You

    0.15 miles

  • Macy's

    0.49 miles

  • Melbourne Square Mall

    0.63 miles

  • Dillard's

    0.67 miles

  • JCPenney

    0.78 miles

  • Ross

    0.94 miles

  • Burlington

    0.95 miles

  • Publix

    1.25 miles

  • Sears

    1.33 miles

  • Gordon Food Service

    1.51 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

Adam Rathbun, CCIM, SIOR

SouthTrend Realty