4345 New Haven Ave, Melbourne, FL 32904
70,772 SF | Retail Building | Melbourne, FL 32904 | $12,900,000 ($182/SF)
For Sale
Active
Asking Price $12,900,000
- Sale Condition
- Build to Suit
- Property Type
-
Retail, Restaurant
- Square Feet
- 70,772 SF
- Price / Square Foot
- $182
Listing Contacts
Anthony Romero
Property Overview
4345 W New Haven Avenue in Melbourne offers a realm of possibilities within Broward County's bustling landscape. Constructed in 2002 and meticulously renovated in 2019, this 70,772-square-foot multiplex facility currently operated by CW Theaters epitomizes the modern cinematic experience.
With 15.4 acres of prime land, the property's C-P zoning creates a canvas of redevelopment potential catering to diverse ventures such as assisted living facilities, hotels/motels, multifamily, places of worship, indoor recreation, restaurants, retail outlets, auto dealerships, and more.
Bountiful nearby conveniences include national retailers and services like Sam's Club, Fairfield Inn & Suites by Marriott, Subaru of Melbourne Ashley Furniture, and Zaxby's. On the southeast corner of the Interstate 95 and US Highway 192 junction, accessibility is unmatched, with Melbourne-Orlando International Airport (MLB) 15 minutes away. Melbourne Beach, just 25 minutes from 4345 W New Haven Avenue, is a coveted destination for tourists and locals, attracting a large population to this region.
Over the past five years, Brevard County has witnessed a surge in population driven by domestic migration and the influx of high-wage jobs. This surge in buying power and consumer spending has translated into low vacancies and robust rent growth, making 4345 W New Haven Avenue an optimal investment opportunity. A gateway to endless opportunity, 4345 W New Haven Avenue is set to be reimagined for Broward County's growing climate.
With 15.4 acres of prime land, the property's C-P zoning creates a canvas of redevelopment potential catering to diverse ventures such as assisted living facilities, hotels/motels, multifamily, places of worship, indoor recreation, restaurants, retail outlets, auto dealerships, and more.
Bountiful nearby conveniences include national retailers and services like Sam's Club, Fairfield Inn & Suites by Marriott, Subaru of Melbourne Ashley Furniture, and Zaxby's. On the southeast corner of the Interstate 95 and US Highway 192 junction, accessibility is unmatched, with Melbourne-Orlando International Airport (MLB) 15 minutes away. Melbourne Beach, just 25 minutes from 4345 W New Haven Avenue, is a coveted destination for tourists and locals, attracting a large population to this region.
Over the past five years, Brevard County has witnessed a surge in population driven by domestic migration and the influx of high-wage jobs. This surge in buying power and consumer spending has translated into low vacancies and robust rent growth, making 4345 W New Haven Avenue an optimal investment opportunity. A gateway to endless opportunity, 4345 W New Haven Avenue is set to be reimagined for Broward County's growing climate.
Property Details
- Class
- B
- Year Built/Renovated
- 2002/2019
- Stories
- 1
- Property Subtype
- Storefront Retail/Residential, Office Live/Work Unit
- Lot Size (sq. ft)
- 672,131 SF
Highlights
- 4345 W New Haven Avenue in Melbourne offers boundless investment and redevelopment potential in one of the nation's fastest-growing markets.
- This multiplex cinema was initially constructed in 2002, and significant renovations were completed in 2019, bringing new life to West Melbourne.
- Positioned on 15.4 acres of land with liberal C-P zoning, various redevelopment possibilities include hospitality, multifamily, and commercial uses.
- At the I-95 and US Hwy 192 exit, this dynamic property is accessible to major roadways and nearby amenities, including Sam's Club and Fairfield Inn.
- Melbourne International Airport is just 15 minutes away, with Melbourne Beach a 25-minute drive, offering access and exposure to key destinations.
- Brevard County has seen rapid growth over the past five years, making 4345 W New Haven Avenue a desirable locale for a reimagined future.
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