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$2,599,000
Est. payment /mo
3,250 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,250 sqft
Price per Sqft $799
MLS Listing ID A11816508
HOA Y/N No
Year Built 1949
Annual Tax Amount $4,733
Lot Size 7,050 Sqft
Property Sub-Type Mixed Use
Property Description
Mixed-use & multi-parcel commercial portfolio in the heart of Fort Pierce. The 3 individual properties (4 folios) provides a Buyer with an opportunity to own prime real estate along the bustling US 1 corridor in Fort Pierce. Future development potential, while enjoying the existing cash flow streams generated by a single-tenant NNN Lease with a national retail brand and a residential triplex building. The portfolio also includes a vacant developable lot located across the street which is composed of 23,320 SF (0.54 acres) and is zoned C3 – General Commercial. Plans exist for a future 4,000 SF industrial warehouse/storage building. To accommodate potential future development, the lot already features a full array of underground utilities and new sidewalks. Offering Memorandum attached.
Location
State FL
County St Lucie
Area 7080
Direction Portfolio located one block south of the intersection of US-1 and State Road 70 - one of the major arteries leading to downtown Ft. Pierce from I-95 and Florida’s TPK. Tuff Shed property consists of two adjoining parcels that front S. US HWY 1.
Exterior
Private Pool Yes
Others
Tax ID 2422-601-0004-000-5
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by BHHS EWM Realty