2402 SOUTH US HWY 1, Fort Pierce
$1,699,000 USD
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| Address | 2402 SOUTH US HWY 1, Fort Pierce |
| Type of Property | Retail |
| Type of Business | Retail Space |
| Business Location | Corner Lot |
| Price | $1,699,000 |
| Previous Price | $1,499,000 (34 days ago) |
| Property Status | Active |
| MLS Number | A11868937 |
| Property Size | 22200 |
| Lot Size | 22200 |
| Year Built | 1949 |
| Folio Number | 2422-601-0004-000-5 |
| Zoning Information | GENERAL |
| Days on Market | 34 |
Detailed Description: Net lease retail investment opportunity along S. US Hwy 1 in the heart of Fort Pierce. In-place cash flow generated by a multi-year lease with national retail brand Tuff Shed. Prime corner location – 125’of frontage along S. US Hwy 1 – optimal exposure with more than 35,000 vehicles per day. Surrounded by other national retailers including Dunkin’, Starbucks, Dutch Brothers Coffee, WaWa, Publix, Jersey Mike’s, CVS, and Chase Bank. Zoning is C3 General Commercial providing ample opportunity for future development or repositioning. This property may also be purchased as part of a multi-parcel commercial portfolio or as a standalone property. Contact Listing Agent for Offering Memorandum and more details.
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Address Information
| State | Florida |
| City | Fort Pierce |
| County | St Lucie County |
| Zip Code | 34982 |
| Address | 2402 SOUTH US HWY 1 |
| Business Location | Corner Lot |
| Zip Code (4 Digits) | 3428 |
Financial Information
| Price | $1,699,000 |
| Price per Foot | $0 |
| Previous Price | $1,499,000 |
| Folio Number | 2422-601-0004-000-5 |
| Tax Amount | $4,733 |
Full Descriptions
| Detailed Description | Net lease retail investment opportunity along S. US Hwy 1 in the heart of Fort Pierce. In-place cash flow generated by a multi-year lease with national retail brand Tuff Shed. Prime corner location – 125’of frontage along S. US Hwy 1 – optimal exposure with more than 35,000 vehicles per day. Surrounded by other national retailers including Dunkin’, Starbucks, Dutch Brothers Coffee, WaWa, Publix, Jersey Mike’s, CVS, and Chase Bank. Zoning is C3 General Commercial providing ample opportunity for future development or repositioning. This property may also be purchased as part of a multi-parcel commercial portfolio or as a standalone property. Contact Listing Agent for Offering Memorandum and more details. |
| Year Built Description | Resale |
| How to Reach | Property is 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 fronting S. US HWY 1. |
| Water Description | Public |
| Sewer Description | Public Sanitation |
| Parking Description | Common, Guest |
Property parameters
| Living Area | 22200 |
| Lot Size | 22200 |
| Total Acreage | 0.000 |
| Zoning Information | GENERAL |
| Maximum Leasable Size | 22200 |
| Year Built | 1949 |
| Type of Property | Retail |
| Type of Business | Retail Space |
| Construction Type | CBS Construction |
| Stories Number | 1 |
| Street Direction | South |
| Listed with | BHHS EWM Realty |