1901 Orange Avenue Fort Pierce, FL 34950
Other
MLS #: RX-11101164
Courtesy Of LPT REALTY
Property InformationDescription
Prime Commercial Location on Orange Avenue - Excellent opportunity to own a commercial property along one of Fort Pierce's main thoroughfares. Ideally positioned between historic downtown and the I-95/Turnpike corridor, this property offers high visibility and convenient access. BRAND NEW ROOF!! Currently leased by a specialty grocer, the building features approximately 1,100 square feet of interior space, side parking, and three additional parking spaces in the rear. Currently leased at $1,985 per month on a gross lease, offering an investor an 8% CAP rate. The existing lease has approximately 3 years remaining. Fort Pierce continues to experience significant redevelopment and investment, making this a strategic location for long-term growth.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 1
- Cooling System: Central Air
- Exterior Type: Block
- Exterior Type: Concrete
- Floor Covering: Tile
- Floors: 1
- Heating System: Other (Heating)
- Legal Description: REVISED PLAT OF BAKERS S/D BLK 1LOT 1-LESS N 15 FT FOR ST AND LESS 62 FT-
- MLSID: RX-11101164
- Roof Type: Shingle
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