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1529 Avenue D
Fort Pierce, FL 34950
Retail Property For Sale
Investment Highlights
- Welcoming storefront presence with extensive glazing and strong brand visibility.
- Convenient on-site parking supporting both customer and staff access.
- Positioned in a high-demand coastal market offering long-term growth prospects.
- Open layouts allowing flexible build-out options and tenant customization.
- Located near historic downtown Fort Pierce and major cultural landmarks.
- Opportunity for value-add improvements enhancing income performance.
Executive Summary
This retail asset on Avenue D, located in the heart of Fort Pierce, offers a compelling investment opportunity within the dynamic Treasure Coast market. The property features an adaptable storefront layout with expansive glazing and a refined exterior, designed to support high-visibility merchandising and service operations. Interior spaces are versatile, providing open-plan layouts suitable for a range of tenant improvements, complemented by practical back-of-house facilities. Durability and ease of maintenance have been prioritized throughout the structure, ensuring sustainable ownership appeal.
The location is surrounded by key amenities and cultural attractions, including Fort Pierce's historic downtown district and the celebrated A.E. Backus Museum, along with convenient access to Fort Pierce Inlet. This community-oriented area attracts steady foot traffic and offers strong connectivity to US Highway 1 and major local corridors, reinforcing its long-term investment potential. With ample on-site customer parking and clear ingress/egress points, the property stands out as a strategic asset for investors seeking a reliable, retail-focused addition to their portfolio.
The location is surrounded by key amenities and cultural attractions, including Fort Pierce's historic downtown district and the celebrated A.E. Backus Museum, along with convenient access to Fort Pierce Inlet. This community-oriented area attracts steady foot traffic and offers strong connectivity to US Highway 1 and major local corridors, reinforcing its long-term investment potential. With ample on-site customer parking and clear ingress/egress points, the property stands out as a strategic asset for investors seeking a reliable, retail-focused addition to their portfolio.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,209 SF
Building Class
C
Year Built
1990
Price
$1,320,756 CAD
Price Per SF
$253.55 CAD
Cap Rate
8.11%
NOI
$107,113 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
Commercial - A commercial zoning designation permits retail, office, and service-related businesses for sales and customer-driven activities.
Property Taxes
| Parcel Number | 24-09-506-0001-0001 | Improvements Assessment | $851,262 CAD |
| Land Assessment | $52,830 CAD | Total Assessment | $904,093 CAD |
Property Taxes
Parcel Number
24-09-506-0001-0001
Land Assessment
$52,830 CAD
Improvements Assessment
$851,262 CAD
Total Assessment
$904,093 CAD
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