Coach Mike Reed
MLS#A11816508
STATUSActive
PROPERTY TYPECommercial - Retail
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.
Property Features
Property Type: Commercial - Retail
Lot Size: 0.16 Acres
Taxes: $4,733
Year Built: 1949
Feature Descriptions
Building Features: Exterior Lighting, Landscaped
Crops Included Y/N: No
Days on Site: 476
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 Floridas TPK. Tuff Shed property consists of two adjoining parcels that front S. US HWY 1.
Home Warranty Y/N: No
Lease Considered Y/N: Yes
Lease Terms: 4 To 6 Year Lease
Listing Terms: All Cash, Conventional/Refinance
Parcel#: 2422-601-0004-000-5
Parking: Common, Electric Vehicle Charging Station(s), Guest
Parking Notes: Common, Electric Vehicle Charging Station(s), Guest
Property Attached Y/N: No
Property Sub-Type: Mixed Use
Listed By / Shown By
Listed By
Agency Name: BHHS EWM Realty
Agency Phone: 305-960-2400
Shown By
Agent Name: Coach Mike Reed
Agent Phone: (386) 212-3897
Agency Title: Adams Cameron & Co. REALTORS
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2402 S Us Highway 1 | MLS# A11816508
This commercial property located at 2402 S Us Highway 1, Fort Pierce, FL 34982 is currently listed for sale with an asking price of $2,599,000. Search Fort Pierce real estate on mikereed.adamscameron.com today.