Downtown Melbourne Purchase/Buildout Opportunity
$5.9 Million USD
Four Rare Adjoining
Downtown Melbourne
Commercial Properties On Strawbridge Avenue
(SR-192) Abutting Through Access Side Street
Residential, Commercial, Condo, Hotel, Restaurant, Office -- Can be Zoned for ground to 11 stories or potentially higher.
Approximate total combined size of 265' wide and 128.5' deep -- .80 acre.
This property is almost a quarter acre larger than the entire site of the new Hilton Tapestry Hotel, which is on the same side of Strawbridge Avenue and just two blocks to the east.
A rare opportunity and find, this 4 parcel property is in the heart of booming Downtown Melbourne, Florida and fronts
State Road 192/Strawbridge Avenue.
The physical addresses are:
601, 605, 609 & 617 East Strawbridge Avenue.
Principals only.
Will not separate properties.
601 East Strawbridge Avenue
605 East Strawbridge Avenue
609 East Strawbridge Avenue
617 East Strawbridge Avenue
Properties for Sale by Owners
Email gmv29@georgetown.edu for info.
Phone queries: 321-759-7200
NO broker listing solicitations.
Realtor Commission Negotiable.
$5.9 Million USD
The Opportunity
617, 609, 605 & 601 East Strawbridge Avenue (SR-192) 265' frontage with additional 120' + frontage on side McQuaid Street.
Located On State Road 192.
Henegar Center and 2020 Built Highline Building are a half block directly behind them, and 2021 built Hilton Melby Hotel are same side of street 2 blocks to the east. Combined property sizes are considerably bigger than the Hotel Melby footprint.
The properties are now zoned -- 617 Residential, 609 Commercial C3, 605 Retail, 601 Office Building/Multi-Tenant.
The City Of Melbourne development office will assist in moving to a collective zoning of these properties to C3 and has stated they are open to going higher than 11 stories for the right project.