$525,000
Active · 2 days on market · MLS# MFRO6314740
| Lot size | 0.17 acres |
|---|---|
| Year built | 1979 |
| Property type | Mixed Use |
| Waterfront | Yes |
| Annual taxes | $1,454 |
| County | Indian River |
Unique Mixed-Use Commercial Property | Restaurant + 7-Unit Rooming House Exceptional investment or owner-user opportunity in Vero Beach! This 7,200 sq ft mixed-use commercial property offers a turnkey restaurant space and a 7-unit licensed rooming house, all on a prime corner lot with excellent street visibility. The restaurant features an established business with a full commercial kitchen and takeout counters. Adjacent is a well-maintained rooming home with seven income-producing units, shared living areas, and a common kitchen. Each unit is currently rented, providing stable cash flow. Ideal for live/work ownership, hospitality, operators, or investor seeking a diversified income stream. High Rental, demand and Strong cap rate potential. Properties like this with built-in revenue and flexible zoning are a hot commodity, in the Vero Beach market.
Listing courtesy of Knorlene O'Brien Martin, KELLER WILLIAMS RLTY,BREVARD. Presented by MC Homes Realty Inc · 727432218.