Melbourne, FL 32901,439 S Babcock ST
Melbourne, FL 32901,439 S Babcock ST
Melbourne, FL 32901,439 S Babcock ST
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Sue Borrelli

Sue Borrelli

+1(321) 265-9901
$375,000
Est. payment /mo
3 Baths
5,550 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,550 sqft

Price per Sqft $67

Subdivision Indian River Bluff Amended Plat No 2

MLS Listing ID 1067447

HOA Y/N No

Total Fin. Sqft 5550

Year Built 1965

Annual Tax Amount $6,637

Tax Year 2025

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Retail

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

Excellent opportunity to purchase the ground lease for a 5,550 Sf multi-unit building. 99-year ground lease commenced 7/1/1965 and expires 6/30/2064. Current ground lease rent is $18,540.36 for 2026. Next increase is 1/1/2030 (CPI). Unit 437 is +/- 1,000 SF. Formerly occupied by a hair salon. Interior has tile flooring and drop ceiling throughout. Unit 439 is +/- 4,550 SF. Interior is est. 50% showroom + 50% storage. Clear height is 12' 8'' +/-. There is one 10' x 10' +/- grade level door. Utilities include City water/sewer (common), and FPL electric (separately metered). Total of 8 asphalt parking spaces. Property is 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.

Location

State FL

County Brevard

Area 330 - Melbourne - Central

Direction Starting on Nasa Boulevard turn north onto Babcock Street. Continue north past the train tracks. Property is located at the southeast corner of Babcock Street x Lagoon Avenue.

Interior

Flooring Concrete, Tile

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Parking Lot

Garage No

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 27-37-27-51-00000.0-0121.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less Info
Space Coast Association of Realtors (Brevard MLS)
Listed by The Ullian Realty Corporation

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 19
  • 7

    Roy Allen Elementary School

    Public | PK - 6

  • 6

    Meadowlane Intermediate School

    Public | 3 - 6

  • 6

    Harbor City Elementary School

    Public | PK - 6

  • 5

    Croton Elementary School

    Public | PK - 6

  • 4

    Eau Gallie High School

    Public | PK - 12

  • 4

    Dr. W. J. Creel Elementary School

    Public | PK - 6

  • 2

    University Park Elementary School

    Public | PK - 6

  • 0

    New Hope Lutheran Academy

    Private | KG - 8

  • 0

    Shiloh Christian Academy

    Private | PK - 12

  • 0

    Peculiar Priesthood Academy

    Private | PK - 11

  • 0

    Brevard Christian School

    Private | PK - 12

  • 0

    Our Lady of Lourdes School

    Private | PK - 8

  • 0

    Rfm Christian Academy

    Private | 1 - 12

  • 0

    Rising Stars Academy

    Private | T1 - 12

  • 0

    Sancta Familia Academy

    Private | 1 - 12

  • 0

    Holy Family School

    Private | KG - 1

  • 0

    Wavecrest Academy

    Private | KG - 7

  • 0

    Community Christian School

    Private | KG - 12

  • 0

    Holy Name of Jesus School

    Private | PK - 8

Middle Schools 5
  • 10

    Westshore Junior/Senior High School

    Public | 7 - 12

  • 6

    Central Middle School

    Public | 7 - 8

  • 5

    Lyndon B. Johnson Middle School

    Public | 7 - 8

  • 4

    Stone Middle School

    Public | 7 - 8

  • 0

    Florida Air Academy

    Private | 6 - 12

High Schools 2
  • 7

    Melbourne High School

    Public | 9 - 12

  • 0

    Melbourne Central Catholic High School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Sue Borrelli

Sue Borrelli

+1(321) 265-9901

Broker | License ID: BK3308750

Broker License ID: BK3308750

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