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    4131 S Us Highway 1 Highway

    Fort Pierce, FL 34982
    • $700,000
    • STATUS: Active
    • ON SITE: 225 days
    • MLS #: RX-10581941
    Price Reduced
    UPDATED: 237 min ago
    $700,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,890
      SQFT
    • $71
      $/SQFT
    Type:
    Commercial
    Built:
    1978
    County:
    Area:

    School Ratings & Info

    Description

    Prime retail plaza on South US 1. 9 Bays. 7 Tenants. 75% occupied. Well maintained. Prime location between Fort Pierce and Port St Lucie. 42 total parking spaces. Average Daily Traffic Count of 33,000 in front of this plaza. City water and sewer. Upside potential as several tenants are below market rate and on short term leases.See attached documents for income and expense summary and lease summaries. Sale includes two parcel ID,s 2434-314-0001-000-0 and 2434-314-0002-000-7

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    www.teampana.com/homes/101374199
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    4131 S Us Highway 1 Highway Fort Pierce, FL 34982

    • Price: $700,000
    • Status: Active
    • Updated: 237 min ago
    • MLS #: RX-10581941
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    9,890
    SQFT
    $71
    $/SQFT
    1978
    Built
    County:
    St. Lucie
    Area:
    Fort Pierce
    Property Description
    Prime retail plaza on South US 1. 9 Bays. 7 Tenants. 75% occupied. Well maintained. Prime location between Fort Pierce and Port St Lucie. 42 total parking spaces. Average Daily Traffic Count of 33,000 in front of this plaza. City water and sewer. Upside potential as several tenants are below market rate and on short term leases.See attached documents for income and expense summary and lease summaries. Sale includes two parcel ID,s 2434-314-0001-000-0 and 2434-314-0002-000-7
    Exterior Features

    Construction Cbs Loading Docks 0 Miles To Beach 7 Miles To Expressway 5 Roof Built-Up

    Interior Features

    Bath Toilets 8.00 Cooling Central Individual Flooring CarpetTileLinoleum Heating Central Miscellaneous1 Landscaped Percent Air Conditioned 100.00 Unit1 Unit Desc Shops

    Property Features

    Available Docs None Available Info Copies Of LeasePhotos Built Desc Resale Expenses Common Area Maint 1800.00 Expenses Insurance 6000.00 Expenses Maint And Repair 2000.00 Expenses Management 3931.00 Expenses Miscellaneous 1000.00 Expenses Real Estate Taxes 11226.00 Expenses Total Expenses 33857.00 Expenses Trash 2880.00 Expenses Utilities 5020.00 Fire Protection None For Lease No For Sale Yes Lease 1-3 YearsLong TermGross Rent List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Monetary Info Gross Oper Income 61848.00 Monetary Info Net Oper Income 28891.00 Monetary Info Source Of Expenses Proforma Monetary Info Total Expenses 32957.00 Possession Subject To Lease Sale Includes Building And Land Tax Amount Real Estate Taxes 10777.00 Tax Year 2018 Tenant Pays Electric Tenants 8 Terms Considered CashConventional Type Of Building CommercialStrip StoreShopping CenterRetailOffice/RetailIncome Unit1 Rent Period Month Use RetailMixedProfessional Office Utilities Public SewerMunicipal Water

    Listing provided courtesy of Coldwell Banker Paradise. Listing information © 2020 BeachesMLS
     
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    Team Pana | United Realty Group
    3351 N. University Dr.
    Coral Springs FL, 33065