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.
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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.
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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
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Email gmv29@georgetown.edu for info.
Phone queries: 321-759-7200
NO broker listing solicitations.
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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.
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The properties are now zoned -- 617 Residential, 609 Commercial C3, 605 Retail, 601 Office Building/Multi-Tenant.
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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.