$869,000
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3980 Us-1 Grant Valkaria, FL 32949
2 Baths
1,165 SqFt
Key Details
Sold Price $869,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,165 sqft
Price per Sqft $745
MLS Listing ID 1016758
Sold Date 09/30/24
HOA Y/N No
Total Fin. Sqft 1165
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1957
Annual Tax Amount $4,759
Tax Year 2023
Lot Size 2.210 Acres
Acres 2.21
Property Description
2.2 acre Boat Storage, Sales & Service facility on U.S. Highway 1 across from the Indian River in Grant with beautiful river views and balmy breezes. Boat repair shop with attached residence and detached barn/shop. The property has been owner occupied and successfully operated as a boat repair and storage facility for over 25 years. Sale includes the business and the land. Price reflects land value. Rents in place produce 9%+ cap rate plus excellent opportunity to acquire a profitable going concern on a river view site with yard storage. Also, a great location for a bait shop, retail boat or auto sales & service. Located 6+/- miles north of Sebastian Inlet. Possible seller financing to qualified buyer with 50% down. One hour to Orlando Airport, one hour south of Kennedy Space Center.
Location
State FL
County Brevard
Area 342 - Malabar/Grant-Valkaria
Direction I-95 to Malabar Rd, East to US 1, South to 3980 on west side of US Hwy 1.
Interior
Heating Central, Hot Water
Cooling Central Air, Window Unit(s)
Exterior
Exterior Feature ExteriorFeatures
Garage Additional Parking, RV Access/Parking
Fence Wire
Utilities Available Cable Available, Electricity Available, Electricity Connected
Waterfront No
Roof Type Shingle,Aluminum,Mixed
Present Use Industrial
Road Frontage County Road
Parking Type Additional Parking, RV Access/Parking
Garage No
Building
Lot Description Cleared
Sewer Septic Tank
Water Private, Well
Others
Senior Community No
Tax ID 29-38-15-50-*-7
Acceptable Financing Cash, Conventional, Owner May Carry, Private Financing Available
Listing Terms Cash, Conventional, Owner May Carry, Private Financing Available
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Bought with Florida Real Estate Advisors