5,784 SF Retail Center For Sale
960 12th Street, Vero Beach, Florida 32960
Sold: $1,108,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
5,784 sqft
Land Size
0.54 acres
Water
County
Zoning
(IG) (General Ind. District)
Electric
FPL
Year Built
1978
Property Description
FEATURES:
- Central Retail Location!
- Excellent visibility with quick access to Beaches & Shopping!
- Fully Leased, Two Tenant Retail Building
- All Leases have NNN Structure
- Flat Roof, with Metal Mansard
- Concrete Construction
- Plenty of paved parking!
- General Industrial Uses Permitted!
BUILDING: 5,784 SF Retail Building on .54 Ac. with 140 Ft. of Frontage on 12th Street and 166.50 Ft. of Depth
R.E. TAXES: $7,400.97 (2022)
ZONING: (IG) (General Industrial District)
YEAR BUILT: 1978
UTILITIES: FPL (Electric), County Water & Septic
PARKING: 21 Spaces in Front of Building, 6 in Rear
NOI: $80,631.71
CAP RATE: 6.23%
SALE PRICE: $1,295,000
