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726 S Fleming St Sebastian, FL 32958
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 48,000 sqft
Price per Sqft $77
MLS Listing ID A11329917
Year Built 1992
Annual Tax Amount $2,956
Lot Size 9,366 Sqft
Property Sub-Type Retail
Property Description
Rare opportunity to purchase a value-add 48,000 SF shopping center, on 7.1 acres of prime commercial land in Sebastian, Florida. Well maintained, national retail tenants with upside potential at substantially less than replacement cost. Tenants include Family Dollar, JJ Manning Pub, Sebastian Pool & Patio Supplies, Chinese Restaurant and more. Property is on 3 adjacent lots, fronting both Sebastian Blvd. and Fleming Street, in the heart of Sebastian - only 1 mile to Sebastian beaches and I-95. Currently the center has 2 vacancies - A Big Box space of 24,422 which was previously a bowling alley/amusement center and a second smaller space totaling 5,449 allowing a new owner to fill these 2 spaces and gain a significant upside. Upside potential to further develop on the 7.1 acres of surface
Location
State FL
County Indian River County
Area 6352 Sebastian County
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Bought with Compass Florida LLC
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