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29369305
29369306

439 S. Babcock St, Melbourne, FL 32901

29369306
29369305
29369304
29369303
29369302
29369301
29369300
29369299
29369298
29369297
ZU
Zach Ullian
The Ullian Realty Corporation
MU
Mike Ullian
The Ullian Realty Corporation
Listed by The Ullian Realty Corporation
$375,000
132 days on market
Updated 59 days ago

Ground Lease For Sale

Details
APN 27-37-27-51-*-121
Property Type Office, Retail
Sub Type Storefront
Square Footage 5,550
Units 2
Price per SqFt $68
Class C
Year Built 1965
Buildings 1
Stories 1
Acreage 0.430
Zoning City of Melbourne Neighborhood Commercial (C-1)
Parking Spaces 8 spaces
Parking Per SqFt 1.44
Ground Lease Yes
Ownership Ground Lease

Office | 5,550 SqFt

Marketing description

  • 99-Year Ground Lease. Commenced 7/1/1965. Expires 6/30/2064

  • Ground Lease Rent is $18,540.36 for 2026. Next Increase 1/1/2030

  • Unit 437: 1,000 SF. Former Hair Salon. Open Configuration. Tile Flooring & Drop Ceiling Throughout. 2 Restrooms

  • Unit 439: 4,550 SF. Est. 50% Retail Showroom + 50% Storage. 1 Restroom. Clear Height 12’ 8” +/- to Bar Joist. One 10’ x 10’ +/- Grade Level Door

  • Utilities: City Water/Sewer (Common), FPL Electric (Separately Metered)

  • 8 Paved/Striped Common Asphalt Parking Spaces

  • Traffic Count est. 25,000 VPD on Babcock Street, per FDOT

  • Strategically positioned directly on Babcock Street which is an immediate connector between US1 and Nasa Boulevard. Surrounding employers include Leonardo DRS, the Melbourne International Airport and the Melbourne Courthouse to name a few. Call today for details!

Listing Contacts

ZU
Zach Ullian
The Ullian Realty Corporation
MU
Mike Ullian
The Ullian Realty Corporation
Listed by The Ullian Realty Corporation

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  1. For Sale
  2. Office
  3. FL
  4. Melbourne
  5. Ground Lease For Sale
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