USD 4,750,000

726 S Fleming St
Sebastian, Florida 32958

For Sale

Property Description

Rare opportunity to purchase a value-add 48,000 SF shopping center, on 7.1 acres of prime commercial land in Sebastian, Florida. Well maintained, national retail tenants with upside potential at substantially less than replacement cost. Tenants include Family Dollar, JJ Manning Pub, Sebastian Pool & Patio Supplies, Chinese Restaurant and more. Property is on 3 adjacent lots, fronting both Sebastian Blvd. and Fleming Street, in the heart of Sebastian - only 1 mile to Sebastian beaches and I-95. Currently the center has 2 vacancies - A Big Box space of 24,422 which was previously a bowling alley/amusement center and a second smaller space totaling 5,449 allowing a new owner to fill these 2 spaces and gain a significant upside. Upside potential to further develop on the 7.1 acres of surface

Listed by One Sotheby's International Realty

Property Details

ID #
A11329917
Status
Sale
Type
Commercial, Industrial, Retail
Zip Code
32958
Year Built
1992
Occupancy
Call Listing Agent
Parking
Free Parking, Guest Parking
Type of Building
Convenience Store, Shopping Center
Utilities
Internet
Zoning Information
PUD-C
Listing content provided by the Miami Association of Realtors
Disclaimer: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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