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927 E New Haven Ave
Melbourne, FL 32901 Downtown Melbourne

$3,394,919 USD

Office For Sale  •  12,576 SF

Property Details

  • Property Type Office
  • Total Building Size 12,576 SF
  • Lot Size 0.11 AC
  • Building Class B
  • Year Built 1926
  • Cap Rate 8.25 %
  • Tenancy Multiple
  • Zoning C-3
30 Transit Score
50 Walk Score

Highlights

Phenomenal Downtown Location – Positioned in the center of Downtown Melbourne, one of the most desirable and walkable districts
Anchored by highly regarded local businesses, including Crush XI, Neighborhood Barre, and Andrew Pickett Law as well a dozen other tenants
High-Growth Space Coast Market – Melbourne continues to experience significant economic and population growth fueled by aerospace, technology
Attractive Investment Return – The Flat Iron Building offers investors the opportunity to acquire a well-positioned asset with stable income
Walkable Urban Environment – Steps away from popular restaurants, bars, boutiques, waterfront amenities, and community events
Strong Demographics & Tourism Drivers – The surrounding area benefits from increasing household incomes, population growth, and continued investment
Cap Rate: 8.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Crush XI Rustic American Cookery
Neighborhood Barre

Amenities

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Wi-Fi
  • Hardwood Floors
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Melbourne Orlando International 11 min - 3.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Brandon Senia 866-889-0550 Matthews Real Estate Investment Services
Brandon Senia 866-889-0550 Matthews Real Estate Investment Services