4410 38th Avenue, Vero Beach, FL 32967
sale
$490,000
|
Business
Courtesy Of Keller Williams Realty Brevard
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.
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.
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Virtual Tour
Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Building Units: 2
- Cooling System: Central Air
- Exterior Type: Concrete
- MLSID: 1047389
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