414 S US Highway 1 - Freestanding FOR SALE


Fort Pierce, FL 34950
$1,799,000 USD
772-201-2450
414 S US Highway 1, Fort Pierce, FL for Sale
$1,799,000 USD
Freestanding - FOR SALE
1/1
null | 7.34% Cap Rate

414 S US Highway 1
Fort Pierce, FL 34950


HIGHLIGHTS

  • Signalized Corner
  • Fully Paved parking lot

OVERVIEW

This location is the gateway to downtown Fort Pierce. Currently operating as a used car lot and open to the public repair/paint shop. This property is currently leased for the next 5 years. Lease started on January 1st, 2024. Lease is $660,000.00 NET over the 1st 5 years with options. Currently used as a used car lot with auto repairs. Please do not enter (broker must accompany) the property or disturb the tenant/employees.

FOR SALE DETAILS

PRICE

$1,799,000 USD

PRICE/SF

$937 USD /SF

CAP RATE

7.34%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

General Commercial

APN/PARCEL ID

24-10-701-0166-0008

ASK ABOUT THIS PROPERTY

Anthony GambardellaColdwell Banker Commercial ParadiseMore Info
772-201-2450

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Anthony GambardellaColdwell Banker Commercial ParadiseMore Info
772-201-2450

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.