Mixed-use investment on 1.45 AC CG-zoned parcel at I-95 Exit 131 in Fort Pierce. 9,060 SF total: 24-hour multi-bay car wash (vacant, equipment in place) plus 5-bay retail strip. Four bays leased (coin laundry thru 8/2027 w/4% annual increases, church in two bays thru 8/2028 w/5% increases, salon MTM) generating $105,264/yr current income. Vacant second-generation restaurant bay includes full commercial kitchen with hood, range, fryers and refrigeration. Approx. 17,500 vehicles/day on Orange Ave frontage plus 72,400 vehicles/day I-95 exposure (FDOT 2023). Projected pro forma NOI approx. $152,876/yr after 5% vacancy and 2% reserves at owner-provided rents, a projected 6.1% cap at list. Strong fit for owner-operator (retail rent offsets carry), value-add investor (lease-up plus approx. 28% mark-to-market on occupied bays), or long-term hold with redevelopment optionality. CG zoning allows automotive, retail, office, restaurant, hotel. Seller financing available.
| MLS # | A12049784 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 2008 |
| Days On Site | 58 |
| Listing Provided By | Fausto Commercial Realty Consultants Inc | Benjamin Kunzle |
| SQ Feet | 9,060 |
|---|---|
| Zoning | General |
| Acreage | 68389.00 |
| Tax Annual Amount | 30296 |
|---|
| State | FL |
|---|---|
| County | St Lucie |
| City | Fort Pierce |
| Zip Code | 34947 |
| Area | 7010 |
| Listing VS Median (in 34947) | |
Price: $2,500,000 low | high Med: $299,950 sqft: 9,060 low | high Med: 1,317 $ / sqft: $276 low | high Med: $228 On site: 58 low | high Med: 19.5 | |
| State | FL |
|---|---|
| County | St Lucie |
| City | Fort Pierce |
| Zip Code | 34947 |
| Area | 7010 |
| Listing VS Median (in 34947) | |
Price: $2,500,000 low | high Med: $299,950 sqft: 9,060 low | high Med: 1,317 $ / sqft: $276 low | high Med: $228 On site: 58 low | high Med: 19.5 | |