1847 S Patrick Drive, Indian Harbour Beach, FL 32937

$950,000
Property Type: Commercial Sale Square Footage: 18,033 Lot Size (sq. ft.): 93,654 Status: Closed
Current Price: $950,000 List Date: 8/17/2016 Last Modified: 11/01/2024

Overview

Description

Excellent commercial location in Indian Harbor Beach. Over 18,000 sf building, 8,740 is currently operating as hardware store. 9,283 feet comprise seven rental units varying from 1000-2600 sf. 324 feet of South Patrick frontage. Property also consists of 11,427 sf of open storage building and 1600 sf enclosed concrete block storage building. 35-40 leased RV/Boat storage spaces that could be expanded to 52. Please do not disturb tenants, agent must accompany, by appointment only. Dollar General recently sold for over 2 million less than half mile away.

Listing Details MLS# 718901

General Property Information

Number Of Units Total
7
Stories Total
Yes
Building Area Total
18033
Year Built
1964
Lot Size Acres
2.15
Property Use
C-RETAIL STORE - MULTIPLE UNITS (1110)
Use Code
12 / COMMERCIAL, MIXED USE
Association YN
No
Water Body Access YN
No
Waterfront YN
No
List Price/SqFt
88.73
Sold Price/SqFt
52.68

Property Features

Building Features: Fenced; Outside Storage; Public Restroom; Rear Access; Separate Office Area Ceiling Type: Acoustic Construction Materials: Block; Frame; Stucco Cooling: Central Air; Electric; Heat Pump Current Use: Commercial Flooring: Carpet; Vinyl; Other Heating: Electric Listing Terms: Cash; Conventional; Lease Option Location: Shopping Center Possession: Close Of Escrow Roof: Tar/Gravel Sale Includes: Building & Land; Business Only Sewer: Public Sewer Showing Requirements: Call Listing Agent Special Listing Conditions: Corporate Owned Water Source: Public Contingency Reason: Other

Contract Information

Original List Price
1900000
Listing Contract Date
2015-02-25
Property Sub Type
Business

Location Tax and Legal

Street Number
1847
Street Direction Prefix
S
Street Name
Patrick
Street Suffix
Drive
County
Brevard
State
FL
Postal Code
32937
MLS Area Major
382-Satellite Bch/Indian Harbour Bch
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Excellent commercial location in Indian Harbor Beach. Over 18,000 sf building, 8,740 is currently operating as hardware store. 9,283 feet comprise seven rental units varying from 1000-2600 sf. 324 feet of South Patrick frontage. Property also consists of 11,427 sf of open storage building and 1600 sf enclosed concrete block storage building. 35-40 leased RV/Boat storage spaces that could be expanded to 52. Please do not disturb tenants, agent must accompany, by appointment only. Dollar General recently sold for over 2 million less than half mile away.

Status Change Information

Major Change Timestamp
2023-11-11T09:27:44Z
Major Change Type
Price Reduced
Price Change Timestamp
2016-06-30T19:56:26Z
Status Change Timestamp
2017-01-05
Contingency
Active Under Contract
Purchase Contract Date
2016-09-30
Close Date
2017-01-05
Close Price
950000

More Information

Building Features

% Air Conditioned or Heated
100
Clear Ceiling Height
10
Fenced
Yes
Outside Storage
Yes
Public Restroom
Yes
Rear Access
Yes
Separate Office Area
Yes

Income and Expenses

New Taxes Expense
18900

Historical Information

Public Historical Remarks 2
Site Description-Fenced: Y
Public Historical Remarks 3
Proforma-Vacancy Rate: 20

Location, Tax, and Legal

Tax Account
2712606
Parcel Number
27-37-11-00-00268.0-0000.00
General County Location
South
Tax Annual Amount
16857.47
Tax Year
2016
Tax Legal Description
PART OF SE 1/4 OF NW 1/4 AS DES IN ORB 740 PG 329 PAR 273
Directions
From State Road 518 (Eau Gallie Causeway) take South Patrick Drive north to 1847 (South Patrick Hardware)no sign on property for brokerage

Construction Materials

Block
Yes
Frame
Yes
Stucco
Yes

Cooling

Central Air
Yes
Electric
Yes
Heat Pump
Yes

Current Use

Commercial
Yes

Flooring

Carpet
Yes
Vinyl
Yes
Other
Yes

Heating

Electric
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Lease Option
Yes

Possession

Close Of Escrow
Yes

Roof

Tar/Gravel
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Corporate Owned
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes

Ceiling Type

Acoustic
Yes

Location

Shopping Center
Yes

Sale Includes

Building & Land
Yes
Business Only
Yes

Contingency Reason

Other
Yes
Listing Office: One Sotheby's International
Last Updated: November - 01 - 2024
Information is deemed to be reliable, but is not guaranteed.