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| 559-569 West Eau Gallie Boulevarde, Melbourne, FL |
MELBOURNE, Fla. --- Hold-Thyssen, Inc., a full service
commercial property firm based in Winter Park , recently overcame several
obstacles and multiple delays to close on the $1,150,000 sale of an
historic intercoastal storefront building at 559-569 W. Eau Gallie Blvd.
in Melbourne .
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| Saxon Evans |
Numerous improvements
have been made to the 7,550 square foot retail building located a couple of
blocks from the causeway over the intercoastal waterway.
Buyer Delray Beach-based Kahilt Corp. also owns over 15 other
properties in Florida and plans to continue leasing this property to current
and future tenants.
The 0.2 acre site
offers street parking on both Eau Gallie Blvd. and Highland Ave. , a high
profile, signalized corner.
“The deal took about two years from listing to closing,” Evans explained.
“Due to the seller’s long ownership, challenging issues were worked through
especially missing documentation that was located, verified and reissued up
until the last minute before closing. We couldn’t have done it without the help
of good sellers and an understanding buyer.”
Hold-Thyssen provides commercial property brokerage, leasing and
management services to institutional and private investor clients
nationwide. The 40-year old firm’s current management portfolio includes
more that 100 commercial properties throughout the United States .
CONTACTS:
Saxon Evans, Director of Investment Sales, Hold-Thyssen, Inc.
407-691-0505 Sevans@holdthyssen.com
Robert P. Hold, Principal, Hold-Thyssen, Inc.
Larry Vershel or Beth Payan, Larry Vershel Communications Inc.
407-644-4142 Lvershelco@aol.com
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