429 S Babcock Street, Melbourne, FL 32901

Property Description

Prime Midtown Melbourne Development Opportunity - $2.25M Exciting new plans, approvals, and a full build-out are now available for the addition of new gas tanks, four gas pumps with eight nozzles at this premier location. Strategically positioned in Midtown Melbourne, between the Eau Gallie and Melbourne Causeways, this C-2 Commercial zoned property boasts 150 feet of frontage on Babcock St. with a high traffic count of 21,000 AADT. Melbourne and Florida's Space Coast are experiencing exponential growth, driven by an influx of highly skilled, well-paid professionals. The area's appeal continues to rise due to no state income tax, corporate tax incentives, mergers, and a thriving start-up ecosystem. With multiple major residential and commercial developments planned for Downtown Melbourne, the future of this rapidly expanding market looks exceptionally bright. Don't miss this rare investment opportunity!