$1,500,000
Vero Beach, FL 32968
MLS# R11143774
7500 sqft
1 / 6
Property Description
A rare flex opportunity off Oslo Road in Indian River County. This 7,500-square-foot industrial flex building sits on one acre zoned Commercial Heavy (CH), offering one of the most versatile use profiles in the county. The property is fully leased with 2 years remaining, delivering immediate income and providing a clear path for repositioning as either a multi-tenant investment or a future owner-user facility. The building is already configured for three independent bays, each with its own electric meter and restroom. This allows investors to increase NOI through market rent adjustments and multi-tenant lease-up, while giving owner-users the ability to occupy one or more units and offset overhead with rental income from the remaining suites.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2025-11-24
Status: Active
Original List Price: 1500000
List Price: $1,500,000
Current Price: $1,500,000
Location and Legal
Country: United States
County Or Parish: Indian River
County Parish Name: Indian River
Street Number: 820
Street Name: 35th
Street Suffix: Court
Street Direction Suffix: SW
City Name: Vero Beach
State Or Province: FL
Postal Code: 32968
Area: 5940 - Other Florida County
Geographic Area: Other
Parcel Number: 333922000220000000050
Multiple Offers Accepted: Yes
Zoning: CH
Property Description: LOTS 5 AND 6, WEST S
General Property Information
Property Sub Type: Industrial
Number Of Units Total: 3
Building Area Main: 7500
Building Area Source: Public Records
Year Built: 1997
Lot Size Area: 40946.4
Lot Size Acres: 0.94
Stories: 1
Building and Property Details
# Of Toilets: 3
% Air Conditioned: 100
Maximum Ceiling Height: 20
Price Calculations
Current Price To SqFt: 200
Financial Information
Tax Annual Amount: 7265.99
Tax Year: 2025
Tax Legal Description: WEST SIDE COMMERCIAL PARK LOTS 5 & 6 PBI 13-36
Status Change Information
Major Change Timestamp: 2025-11-26T20:45:03Z
Major Change Type: New Listing
Status Change Date: 2025-11-26
Originating Details
Originating System Key: 20251126202946689898000000
Originating System ID: M00000170
Property Features
Business Type: Commercial
Documents Available: Deed
Electric: Three Phase
Flooring: Concrete; Tile
Heating: Other
Possession: Close Of Escrow; Subject To Tenant Rights
Property Condition: Resale
Sale Includes: Building; Land
Tenant Pays: Insurance; Taxes
Cooling: Central Air
Listing Terms: Cash; Conventional; Trade; Other
Roof: Metal
Security Features: None
Sewer: Public Sewer
Structure Type: Industrial; Office; Warehouse
Water Source: Public
Showing Requirements: Appointment Only; Listing Agent Must Accompany; Occupied; Text Listing Agent
Listing Office: LPT Realty
Last Updated: September - 20 - 2026
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