← Back to search

1424 Us Highway 1, Sebastian, FL 32958

Property Type: Comm/Industry Baths: 8 Square Footage: 9,640 Status: Active Under Contract
Current Price: $1,995,000 Last Modified: 11/26/2022


Riverfront Commercial Center in Sebastian offering 9,640 SF on 1.37 acres. 11% CAP Rate potential! Currently split into 3 spaces previously used for medical - zoned commercial. 223 ft of frontage on US-1 w 22,000 vehicles passing daily. Indian River Dr frontage w additional access, 60 parking spaces, ADA compliant, solid CBS construction w metal roof, storm protection & more!

More Information MLS# RX-10841529

Contract Information

Status: Active Under Contract Original List Price: 1995000 Auction: No List Price: $1,995,000 Current Price: $1,995,000 List Price/Bldg SqFt: 206.95 Listing Date: 2022-10-24 Comm/Non-Rep: 2.5% Comm/Buyer Agent: 2.5% Comm/Trans Brk: 2.5%

General Property Description

Type: Office For Sale: Yes For Lease: No Property Desc: Commercial Subdivision: HARDEES SUBDIVISION NO. B Year Built: 1997 Built Desc: Resale SqFt - Living: 9640 SqFt Source: Other # of Stories: 1 Total Units: 3 Baths - Total: 8 Acres: 1.37 % Air Conditioned: 100 Waterfront: Yes

Location, Tax & Legal

Area: 6352 - Sebastian County (IR) Geo Area: IR52 County: Indian River Parcel ID: 31390600003000000004.0 Street #: 1424 Street Name: Us Highway 1 State/Province: FL Zip Code: 32958 Zoning: CWR Legal Desc: HARDEES SUBDIVISION NO. B PBS 4-74 BEING MORE PART DESC AS FOLL THAT TR OR PARC OF LAND BOUNDED ON THE S BY A LINE 200 F Tax Year: 2022 Real Estate Taxes: 25373 Geo Lat: 27.819758 Geo Lon: -80.470198

Remarks & Misc

Directions: Fronting on US-1 and Indian River Drive, between Wells Fargo Bank & Earl's Hideaway.

Office/Member Info


Status Change Info

Under Contract Type: Active Under Contract Under Contract Date: 2022-11-22

Property Features

Use: Professional Office Type of Building: Medical; Office/Professional Construction: Concrete Sale Includes: Building and Land Avail Docs: Aerial Avail Info: None Flooring: Carpet; Ceramic Tile; Vinyl Floor Cooling: Central Heating: Central Fire Protect: Smoke Alarm Tenant Pays: None Utilities: Electric; Public Sewer; Public Water; Separate Meter Waterfront Details: Intracoastal Roof: Metal Terms Considered: Cash; Conventional Lease: 1-3 Years Possession: At Closing Contingencies: Inspection
Listing Office: Rennick Real Estate
Last Updated: November - 26 - 2022
1424 Us Highway 1, Sebastian, FL 32958- MLS# RX-10841529
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2022 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.