$900,000
Palm Bay, FL 32905
MLS# 770411
Status: Closed
16728 sqft
1 / 7
Property Description
Fully Operational Bingo hall of 8145 SF and fully operational Office plaza of 8850 comprised of 6 units. See attached rental obligations. Super money maker! Excellent shape, excellent tenants and Estate is ready to sell. 490 Feet of US1 frontage. Over 2 acres. 16995 sq ft 2 buildings. Bingo Hall is 8145. The strip Center is 8850. Steel Constructed, 1156 Canopy area, Professionally landscaped, 105 parking spaces, Indian River view, close to everything in Palm Bay you would possibly need. People come from Orlando and beyond to play Bingo here and the tenants never want to leave in either building. Terrific easy turn key investment with outstanding income. Call for questions but see all attached info please.
Details
Maps
Location, Tax, and Legal
Tax Account: 2832836
Parcel Number: 28-37-24-29-00000.0-0009.00
General County Location: South
Tax Annual Amount: 26727.5
Tax Year: 2016
Tax Legal Description: HOPSONS SUBD LOT 9 & PT OF LOT 8 W OF US HWY 1 & N OF ATLANTIC DRIVE EX PB 12 PG 83
Directions: US1 Just south of Palm Bay rd.
Across from Ozzy's Crabhouse
General Property Information
Number Of Units Total: 7
Building Area Total: 16728
Lot Size Acres: 2.31
Association YN: No
Property Use: C-RETAIL STORE - MULTIPLE UNITS (1110)
Water Body Access YN: No
Waterfront YN: No
Use Code: 11 / STORES, ONE STORY
List Price/SqFt: 65.76
Sold Price/SqFt: 53.8
Year Built: 2009
Remarks and Miscellaneous
Public Remarks: Fully Operational Bingo hall of 8145 SF and fully operational Office plaza of 8850 comprised of 6 units. See attached rental obligations. Super money maker!
Excellent shape, excellent tenants and Estate is ready to sell.
490 Feet of US1 frontage. Over 2 acres.
16995 sq ft 2 buildings. Bingo Hall is 8145. The strip Center is 8850. Steel Constructed, 1156 Canopy area, Professionally landscaped, 105 parking spaces, Indian River view, close to everything in Palm Bay you would possibly need. People come from Orlando and beyond to play Bingo here and the tenants never want to leave in either building. Terrific easy turn key investment with outstanding income.
Call for questions but see all attached info please.
Cooling
Central Air: 1
Central Building: 1
Electric: 1
Current Use
Commercial: 1
Electric
100 Amp Service: 1
220 Volts: 1
Flooring
Tile: 1
Heating
Central: 1
Electric: 1
Listing Terms
Lease Option: 1
Possession
Close Of Escrow: 1
Roof
Composition: 1
Security Features
Fire Sprinkler System: 1
Smoke Detector(s): 1
Special Listing Conditions
Use Conforms to Zone: 1
Showing Requirements
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 100
Clear Ceiling Height: 17146
Location
City: 1
Shopping Center: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Proforma-Vacancy Rate: 0, Proforma-Gross Sched Income: 142320
Contract Information
Current Price: $900,000
Original List Price: 1500000
Sold Price: $900,000
Status: Closed
Listing Contract Date: 2016-12-05
Property Sub Type: Business
Location Tax and Legal
Street Number: 4430
Street Name: Dixie Highway
Street Direction Suffix: NE
County: Brevard
State: FL
Postal Code: 32905
MLS Area Major: 343 - SE Palm Bay
Subdivision Name: Hopkins Plat
Status Change Information
Major Change Timestamp: 2023-11-11T09:28:09Z
Major Change Type: Price Reduced
Price Change Timestamp: 2018-03-11T17:56:06Z
Status Change Timestamp: 2018-08-21
Purchase Contract Date: 2018-04-24
Close Date: 2018-08-13
Close Price: 900000
Property Features
Cooling: Central Air; Central Building
Current Use: Commercial
Electric: 100 Amp Service; 220 Volts
Flooring: Tile
Heating: Central; Electric
Listing Terms: Lease Option
Location: Shopping Center
Possession: Close Of Escrow
Roof: Composition
Sale Includes: Building & Land
Security Features: Fire Sprinkler System; Smoke Detector(s)
Showing Requirements: Call Listing Agent
Special Listing Conditions: Use Conforms to Zone
Listing Office: CENTURY 21 Baytree Realty
Last Updated: November - 01 - 2024
Information is deemed to be reliable, but is not guaranteed.