429 S Babcock Street, Melbourne, FL 32901

• 1 bath |
• 3,100 sqft

Property Description

Prime Midtown Melbourne Development Opportunity - $2.25M Exciting 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!

Listing Status:

Active

Date Added:

March 7, 2025 at 06:00AM

Listing Office:

One Sotheby's International : 321-984-3135

Listing Agent:

James Edmunds : 321-349-5068

MLS ID:

1039392

Interior

• Flooring: CarpetTerrazzo
• A/C: Central Building
• Heating: Central

Exterior

• Parking: Covered

Construction

• Roofing: Rolled/Hot Mop
• General: BlockConcrete

Location

• Originating MLS: Space Coast MLS (Space Coast Association of REALTORS®)
• County: Brevard

Lot

• Zoning: 27-37-27-51-00000.0-0262.00
• Current Use: Commercial

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Space Coast MLS (Space Coast Association of REALTORS®)

This listing courtesy of James Edmunds, One Sotheby's International