About This Property:

High-visibility 0.81-acre commercial corner at a signalized intersection on US-1 in Melbourne, FL. Frontage on US-1, Masterson Street, and Guava Avenue with over 47, 000 vehicles per day. Cleared, level, and development-ready. Zoned C-1 and C-2, allowing for a wide range of commercial uses including drive-thru, retail strip center, medical/professional offices, or mixed-use development. Located just north of the Eau Gallie Arts District and minutes from SR-518. City water and sewer available. Site plan options include a 3, 000 SF QSR or coffee drive-thru, a 5, 000-6, 000 SF multi-tenant retail strip, a 6, 000-10, 000 SF medical/office building, or a mixed-use project with ground-floor retail and apartments above. Excellent traffic exposure and one of the last remaining undeveloped corners along the US-1 corridor in Melbourne.