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15161105
15161106

2133 Sarno Rd, Melbourne, FL 32935

OS
BK3315243
ISL Commercial Real Estate
Listed by ISL Commercial Real Estate
$700,000
839 days on market
Updated 2 days ago

2133-2145 Sarno Road

Details
APN 27-37-19-78-C-6
Property Type Retail
Sub Type Storefront
Square Footage 4,811
Net Rentable (SqFt) 3,922
Units 4
Cap Rate 8.00%
Occupancy 50%
Tenancy Multi
Lease Type NNN
Remaining Term 3
Rent Bumps Yes
Price per SqFt $146
Class B
Year Built 1958
Year Renovated 2016
Buildings 1
Stories 1
Lot Size (SqFt) 4,811
Zoning C-2
Parking Spaces 16 spaces
Parking Per SqFt 3.33
Investment Type Net Lease
Sale Condition For sale by owner

Retail | 8.00% CAP | 4,811 SqFt

Marketing description

Overview:

Strategically situated on the major artery of Sarno Road, this Retail center stands as a beacon of opportunity in Melbourne. Spanning a significant footprint, this property already houses four tenants, underscoring its viability for consistent revenue generation. Whether for retail or office use, 2133 Sarno Road is positioned for success.

The owner recently painted the building and updated the plumbing system for the property. The parking lot was recently re striped as well.

Potential Uses:

While already serving multiple tenants, this space is versatile and ideally suited for additional retail shops or professional office spaces. Its prime location on Sarno Road and proximity to key city landmarks make it a fitting choice for businesses aiming to establish a prominent presence in Melbourne.

Investment highlights

Across the street from a shopping plaza

Multiple Businesses in the area

15 Minutes away from the ocean

30,000 cars daily

Listing Contacts

OS
BK3315243
ISL Commercial Real Estate
Listed by ISL Commercial Real Estate

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