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Rare Mixed-Use Downtown Investment 1893-1899 NE Jensen Beach Blvd 9,140 SF 100% Leased Retail Building Jensen Beach, FL 34957 $5,929,399 CAD ($648.73 CAD/SF)



INVESTMENT HIGHLIGHTS
- Premier mixed-use asset located at the corner of NE Jensen Beach Blvd and NE Pineapple Ave
- Second floor features the Jensen Beach Inn, an 9-room boutique hotel with common area
- Exceptional visibility with direct exposure to the busy downtown roundabout
- Stabilized ground-floor income from Thirsty Turtle on a 10-year NNN lease
- Roof deck with inlet views
- Value-add potential through enhanced hospitality operations or repositioning
EXECUTIVE SUMMARY
Presenting a rare opportunity to acquire a prominent commercial asset located at the high-visibility corner of NE Jensen Beach Blvd and NE Pineapple Avenue in the heart of Downtown Jensen Beach. This two-story, 9,140 SF mixed-use building combines stable long-term income with exceptional upside potential in one of the Treasure Coast’s most desirable coastal districts.
INVESTMENT HIGHLIGHTS
Boutique Hotel with Adaptive Use Potential
The second floor features the Jensen Beach Inn, an 9-room boutique hotel with charming common areas and a roof deck boasting scenic waterfront views and the downtown area. The hospitality component offers immediate appeal to coastal travelers while also providing conversion potential for short-term rental/Airbnb operations or other boutique hospitality concepts—unlocking significant value-add potential for future ownership.
Stabilized, Long-Term Ground Floor Tenant
The first floor is fully occupied by Thirsty Turtle, a well-known casual seafood restaurant operating under a 10-year NNN lease. This established local favorite delivers reliable, passive income with minimal landlord responsibilities.
Exceptional Location & Visibility
Situated directly within Downtown Jensen Beach, the property benefits from strong walkability, vibrant nearby retailers and restaurants, and proximity to year-round events. Its position at the town’s well-trafficked roundabout ensures consistent exposure and visitor flow. The Jensen Beach Causeway is just minutes away, offering quick, convenient access to area beaches.
Highly Sought-After Coastal Market
Jensen Beach continues to experience strong demand from residents, visitors, and investors alike due to its waterfront charm, boutique business environment, and limited commercial inventory. Properties in this corridor rarely come to market, making this offering a strategic long-term hold.
INVESTMENT HIGHLIGHTS
Boutique Hotel with Adaptive Use Potential
The second floor features the Jensen Beach Inn, an 9-room boutique hotel with charming common areas and a roof deck boasting scenic waterfront views and the downtown area. The hospitality component offers immediate appeal to coastal travelers while also providing conversion potential for short-term rental/Airbnb operations or other boutique hospitality concepts—unlocking significant value-add potential for future ownership.
Stabilized, Long-Term Ground Floor Tenant
The first floor is fully occupied by Thirsty Turtle, a well-known casual seafood restaurant operating under a 10-year NNN lease. This established local favorite delivers reliable, passive income with minimal landlord responsibilities.
Exceptional Location & Visibility
Situated directly within Downtown Jensen Beach, the property benefits from strong walkability, vibrant nearby retailers and restaurants, and proximity to year-round events. Its position at the town’s well-trafficked roundabout ensures consistent exposure and visitor flow. The Jensen Beach Causeway is just minutes away, offering quick, convenient access to area beaches.
Highly Sought-After Coastal Market
Jensen Beach continues to experience strong demand from residents, visitors, and investors alike due to its waterfront charm, boutique business environment, and limited commercial inventory. Properties in this corridor rarely come to market, making this offering a strategic long-term hold.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,140 SF
Building Class
C
Year Built
1909
Price
$5,929,399 CAD
Price Per SF
$648.73 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.64
Lot Size
0.33 AC
Zoning
Jensen Beach Redevelopmen
Parking
8 Spaces (0.88 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Restaurant
- Roof Terrace
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 22-37-41-017-000-00051-9 | Improvements Assessment | $2,910,673 CAD |
| Land Assessment | $394,622 CAD | Total Assessment | $3,305,295 CAD |
PROPERTY TAXES
Parcel Number
22-37-41-017-000-00051-9
Land Assessment
$394,622 CAD
Improvements Assessment
$2,910,673 CAD
Total Assessment
$3,305,295 CAD
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Rare Mixed-Use Downtown Investment | 1893-1899 NE Jensen Beach Blvd
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