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Harbor City Commerce Center
500 North Harbor City Blvd
Melbourne FL
4,850 Sq. Ft.
Property Facts
| Building Area: | 4,850 Sq. Ft. |
| No. of Units: | 5 Retail/ Office Units |
| Unit Range: | 700-1,500 Sq. Ft. |
| Year Built: | 1963 |
| Construction: | CBS |
| Zoning: | C-IA Permitted Uses Retail and Office |
| Air: | 100% Central Air |
| Building Height: | Single Story |
| Utilities: | City Water/ Sewer |
| Property Type: | Professional Office/ Retail Building |
Property at Purchase
| Purchase Price: | $217,500.00 |
| Purchase Price PSF: | $44.84 |
| Occupancy at Purchase: | 25% |
| Average Rent PSF At Purchase: | $7.00 PSF |
After Renovation and Transformation
| Current Replacement Cost Value: | $225 PSF |
| Occupancy After One Year of Ownership: | 100.00% |
| Average Rent PSF After Renovation: | $12.00 PSF |
| Renovation Capital Expenditures: | $10.00 PSF |
