415 S Us Highway 1, Vero Beach, FL 32962 — MLS photo

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415 S Us Highway 1, Vero Beach, FL 32962

Active · Industrial

$2,200,000

415 S Us Highway 1, Vero Beach, FL 32962

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1985
Lot size
—
HOA fee
—
Annual tax
$3,785

About this property

Great location with Huge potential. 415 is currently Leased to a roofer for metal Fabrication. Was once a Tire shop with 3 bays. Large office, Plenty of storage. New Large bay doors and New High Quality TPO roof, 425 Building included in sale which is being used by owner for storage has a large showroom, two bathrooms, over 1100 feet of storage area along with a large bay door in back. Way to much to list, call for the full list. This sale is for 2 separate parcels with Buildings Businesses not included.

Property location

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415 S Us Highway 1, Vero Beach, FL 32962

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Facts & features

Interior

Bathrooms
0
Flooring
Concrete, Other
Cooling
Central Air
Heating
Heat Pump

Exterior & Structure

Property type
Industrial
Year built
1985
Stories
1
Roof
Other
Construction
CBSConcrete Block Structure, Block, Frame, Stucco
Exterior features
None

Parking

Covered spaces
0
Parking features
Other

HOA, Community & Financials

Association fee
$0
Security
Other
Annual tax
$3,785
County
Indian River
Days on market
142
MLS listing ID
B26036261
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,138

Cap rate
5.1%
Net yield
5.1%
Cash-on-cash return
-2.2%
Gross yield
6.6%
Mortgage payment
$10,429/mo
Down payment
$550,000
Loan amount
$1,650,000
Annual NOI
$111,495

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.