2402 S US Highway 1 new

Fort Pierce,FL 34982

$ 2599000

- Bed

0 Bath

3250 SqFt


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

Construction Status Resale

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

Building

Construction Status Resale

Others

Tax ID 2422-601-0004-000-5

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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