1609 N Wickham Road, Melbourne, FL 32935
$327,000
Property Type:
Commercial Sale
Square Footage:
3,561
Lot Size (sq. ft.):
16,988
Status:
Closed
Current Price:
$327,000
List Date:
4/05/2019
Last Modified:
7/03/2026
Overview
Description
Huge price reduction! Owner Financing Available!
Excellent retail location with over 100' of frontage on N Wickham Road, with over 37,000 vehicles passing by per day. This .39 acre parcel is accessible directly from Wickham Road, or from the local cross street.
The submarket boasts high job growth and extremely low vacancy rates for retail tenants. The building is currently 100% leased, but the current rates are far below the area average of $14/ft./yr. 2 tenants are month-to-month, and another tenant is leased through March 2021. The owner currently occupies the rest of the space.
The property also benefits from being well-positioned in a dense urban infill consisting of national & local tenants, & shopping centers. This is priced to sell - get your offers in ASAP!
Listing Details MLS# 841636
General Property Information
- Number Of Units Total
- 4
- Building Area Total
- 3561
- Year Built
- 1956
- Lot Size Acres
- 0.39
- Property Use
- C-RETAIL STORE - MULTIPLE UNITS (1110)
- Use Code
- 11 / STORES, ONE STORY
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- List Price/SqFt
- 91.27
- Sold Price/SqFt
- 91.83
Property Features
Construction Materials:
Concrete; Frame; Stucco
Cooling:
Central Air
Current Use:
Commercial
Electric:
100 Amp Service; 150 Amp Service; 200+ Amp Service
Flooring:
Carpet; Wood
Heating:
Central
Listing Terms:
Lease Option
Possession:
Close Of Escrow
Roof:
Composition
Sale Includes:
Building & Land
Security Features:
Smoke Detector(s)
Sewer:
Public Sewer
Showing Requirements:
Call Listing Agent
Special Listing Conditions:
City Jurisdiction; Presently Leased; Use Conforms to Zone
Utilities:
Other
Water Source:
Public
Contract Information
- Original List Price
- 450000
- Listing Contract Date
- 2019-04-05
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 1609
- Street Direction Prefix
- N
- Street Name
- Wickham
- Street Suffix
- Road
- County
- Brevard
- State
- FL
- Postal Code
- 32935
- MLS Area Major
- 330 - Melbourne - Central
- Subdivision Name
- Pine Hill Sub
Remarks and Miscellaneous
- Public Remarks
- Huge price reduction! Owner Financing Available! Excellent retail location with over 100' of frontage on N Wickham Road, with over 37,000 vehicles passing by per day. This .39 acre parcel is accessible directly from Wickham Road, or from the local cross street. The submarket boasts high job growth and extremely low vacancy rates for retail tenants. The building is currently 100% leased, but the current rates are far below the area average of $14/ft./yr. 2 tenants are month-to-month, and another tenant is leased through March 2021. The owner currently occupies the rest of the space. The property also benefits from being well-positioned in a dense urban infill consisting of national & local tenants, & shopping centers. This is priced to sell - get your offers in ASAP!
Status Change Information
- Major Change Timestamp
- 2023-11-11T09:28:19Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2019-05-03T22:01:04Z
- Status Change Timestamp
- 2019-06-20
- Purchase Contract Date
- 2019-05-13
- Close Date
- 2019-06-18
- Close Price
- 327000
More Information
Building Features
- Clear Ceiling Height
- 3561
Location, Tax, and Legal
- Tax Account
- 2719606
- Parcel Number
- 27-37-18-52-00000.0-0001.00
- General County Location
- Central
- Tax Annual Amount
- 4222.8
- Tax Year
- 2018
- Tax Legal Description
- PINE HILL SUB LOTS 1,2
- Directions
- Go South on Wickham from Aurora Road. Property will be on your left.
Construction Materials
- Concrete
- Yes
- Frame
- Yes
- Stucco
- Yes
Cooling
- Central Air
- Yes
Current Use
- Commercial
- Yes
Electric
- 100 Amp Service
- Yes
- 150 Amp Service
- Yes
- 200+ Amp Service
- Yes
Flooring
- Carpet
- Yes
- Wood
- Yes
Heating
- Central
- Yes
Listing Terms
- Lease Option
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Composition
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- City Jurisdiction
- Yes
- Presently Leased
- Yes
- Use Conforms to Zone
- Yes
Utilities
- Other
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Location
- City
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
Sperry CGA-Flint Brokers
Last Updated: July - 03 - 2026
Information is deemed to be reliable, but is not guaranteed.