429 S Babcock Street, Melbourne, FL 32901
About Property
Prime Midtown Melbourne Development Opportunity - $2.25MExciting new plans, approvals, and a full build-out are now available for the addition of new gas tanks, four gas pumps with eight nozzles at this premier location.Strategically positioned in Midtown Melbourne, between the Eau Gallie and Melbourne Causeways, this C-2 Commercial zoned property boasts 150 feet of frontage on Babcock St. with a high traffic count of 21,000 AADT.Melbourne and Florida's Space Coast are experiencing exponential growth, driven by an influx of highly skilled, well-paid professionals. The area's appeal continues to rise due to no state income tax, corporate tax incentives, mergers, and a thriving start-up ecosystem.With multiple major residential and commercial developments planned for Downtown Melbourne, the future of this rapidly expanding market looks exceptionally bright. Don't miss this rare investment opportunity!
Essential Property Information
- Year Built: 1965
- Price: $2,250,000
- Property Type: Commercial
- Country: USA
- City: Melbourne
- Bathrooms: 1.00
Additional Property Info
- Acres: 0.42 acres
- Listing ID: 1039392
- Listing Status: Active
- Number Bathrooms: 1.00
- Property Type: Commercial
- Real Estate Taxes: $3,418.39
- SqFt - Total: 3,100 sqft
- State/Province: FL
- Status: Active
- Status Change Date: Friday, March 7th, 2025
- Street Direction: S
- Street Name: Babcock
- Street Number: 429
- Street Suffix: Street
- Tax Year: 2022
- Total Building Area: 3100.00
- Type: Business
- Virtual Tour: Click Here
- Year Built: 1965
- Zip Code: 32901
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