Arium Real Estate, LLC
Listed by Arium Real Estate, LLC
$1,250,000
111 Scott Street Office & Development Opportunity
Details
APN 27372875000000193
Property Type Office
Sub Type Traditional Office, Medical
Square Footage 4,948
Units 1
Occupancy 100%
Tenancy Single
Price per SqFt $253
Broker Co-Op True
Class B
Year Built 1981
Year Renovated 2021
Buildings 1
Stories 2
Acreage 1.000
Zoning C1-A
Parking Spaces 15 spaces
Parking per 1,000 SqFt 3.03
Investment Type Owner/User
Ownership Fee Simple
Office | 4,948 SqFt
Marketing description
Exceptional opportunity to establish or expand your business in the heart of Melbourne! This impeccably maintained 4,948 SF, two-story professional office building sits on 0.5 acres and features a 2019 roof, impact windows, three HVAC systems (2021), LED lighting, updated flooring, fresh interior paint, decorative wainscoting, and window treatments. The functional layout offers a welcoming lobby, reception area, 14 private offices, 2 conference rooms, kitchenette, 4 restrooms, ample storage, multiple entrances, ample parking, and a covered carport. Zoned C1-A with Mixed-Use Commercial Future Land Use, ideal for professional, medical, educational, or office use. Adjacent 0.5-acre vacant lot (Parcel ID 27-37-28-75-*-191) is also available, creating a rare opportunity to own a full acre.
Investment highlights
- Owner-User or Value-Add Investment Opportunity
- 4,948 SF Two-Story Professional Office Building
- Adjacent 0.5-Acre Commercial Lot Included (Approximately 1 Acre Total)
- C1A Zoning Permitting Professional, Medical, Educational, and Office Uses
- Multiple Entrances Allow Single or Multi-Tenant Configuration
- 14 Private Offices, 2 Conference Rooms, Reception Area, Kitchenette, and 4 Restrooms
- Significant Capital Improvements: 2019 Roof, Impact Windows, Three HVAC Systems Replaced in 2021, LED Lighting, Updated Flooring, and Interior Finishes
- Ample On-Site Parking with Covered Carport
- Immediate Occupancy
- Strong Space Coast Location Near Downtown Melbourne, US-1, Healthcare Facilities, and Major Employment Centers
- Expansion and Future Development Potential with Included Adjacent Commercial Lot
Listing Contacts
Arium Real Estate, LLC
Listed by Arium Real Estate, LLC
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