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.
Financial Considerations
Price:
$525,000
HOA Fee:
N/A
Tax Amount:
$1454.32
Price per SqFt:
$316.84
Tax Legal Description:
BEG 565 FT S & 605 FT W OF NE COR OF NW1/4 RUN N 80 FT; RUN E 90 FT; S 80 FT; W 90 FT TO POB