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2162 Harris Avenue NE, Palm Bay, FL 32905
$720,000
2162 Harris Avenue NE, Palm Bay, FL 32905View this property at 2162 Harris Avenue NE, Palm Bay, FL 32905
2162 Harris Avenue NEPalm BayFL32905
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Property Description
Opportunity to purchase a single tenant stand-alone income producing restaurant! Tenant is a well known breakfast & lunch diner that boasts an impressive 4.5 star Google rating. Sale includes the 2,420 SF Restaurant + 772 SF Outdoor Patio = 3,192 SF Total. Most of the FF&E owned by Landlord. NNN Lease expires 1/1/28 with one 5-year option. Annual CPI escalators with 3% floor & 6% ceiling. Est. NOI is $54,000 (7.5% CAP). Improvements include piped gas line, grease trap, drive through window, and built-in walk-in cooler. New roof in 2019. 51 asphalt paved/striped parking spaces. Property is strategically located off of Palm Bay Road with est. 30,000 VPD. Close proximity to US1, Babcock Street & Interstate 95. Lots of daytime employers nearby. Call today for Details!
Full Property Details
Full Property Details for 2162 Harris Ave NE
General
- Sold For: $720,000
- Taxes: (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 968504
- Added to Site: 330 day(s) ago
Interior
- Appliances: Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator
- Flooring: Tile
Parking
- Total Spaces: 51
Location
- Area: 340 - NE Palm Bay
- County: Brevard
- Driving Directions: Starting on Babcock Street, turn east onto Palm Bay Road. Property will be located on the south side of Palm Bay Road, just east of Franklin Avenue.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Water: Public
- Utility Description: Natural Gas Connected, Sewer Connected, Water Available
Structural Information
- Exterior Const.: Block, Concrete, Frame, Wood Siding
- Roof: Membrane
- Year Built: 1978
Unit Information
- Units in Building: 1
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Street/Road Desc.: Paved
Financial Considerations
- Tax Year: 2022
- Terms: Cash, Conventional, FHA
- Owner Pays: Other
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Standard
- Legal Description: PORT MALABAR INDUSTRIAL PARK SUBD LOTS 7 & 8 BLK 2 & THAT PART OF N 1/2 OF TRACT B LYING S OF LOTS 7 & 8 BLK 2
- Property ID: 28-37-22-Fn-00002.0-0007.00
Listed by The Ullian Realty Corporation
Sold by The Ullian Realty Corporation
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Schools
Schools serving 2162 Harris Ave NE
School District:Brevard Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1200 Alamanda Rd Ne, Palm Bay, FL 32905 | PK-6 | 1.1 mi | |
1101 E University Blvd, Melbourne, FL 32901 | 7-8 | 2 mi | |
101 Pirate Ln, Melbourne, FL 32901 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2162 Harris Ave NE
Date
Details
Price
Change
Source
11/21/2023
Sold
$720,000
—
MLS
8/14/2023
Price Reduced
$720,000
-6.49%
MLS
6/26/2023
Listed
$770,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2162 Harris Avenue NE, Palm Bay, FL 32905 (MLS# 968504) is a Multi-Family property that was sold at $720,000 on November 21, 2023. Want to learn more about 2162 Harris Avenue NE? Do you have questions about finding other Multi-Family real estate for sale in Palm Bay? You can browse all Palm Bay real estate or contact a Coldwell Banker agent to request more information.