2402 S Us Highway 1, Fort Pierce, FL 34982

$2,599,000

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List Price
$2,599,000
MLS#
A11816508
Status
ACTIVE
Type
Commercial

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.

Additional Information

Days on Market
438
Tax Amount
$4,733
Parcel Number
2422-601-0004-000-5
Lot Size
7,050
Directions
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.
Address
2402 S Us Highway 1, Fort Pierce
Year Built
1949

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Listing Courtesy of BHHS EWM Realty, Contact: