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1901 Orange Ave 1,100 SF 100% Leased Retail Building Fort Pierce, FL 34950 $339,696 CAD ($308.81 CAD/SF) 8.84% Cap Rate
Executive Summary
Prime Commercial Location on Orange Avenue - Excellent opportunity to own a commercial property along one of Fort Pierce's main thoroughfares; just minutes from Downtown and the Waterway. Ideally positioned near the I-95/Turnpike corridor, this property offers high visibility and convenient access. BRAND NEW METAL ROOF!! Currently leased by a specialty grocer, the building features approximately 1,100 square feet of interior space, side parking, with additional parking spaces in the rear. Currently leased with an approximate 8% CAP rate. The existing lease is through 2/28/28. Fort Pierce continues to experience significant redevelopment and investment, making this a strategic location for long-term growth.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,100 SF
Building Class
C
Year Built
1951
Price
$339,696 CAD
Price Per SF
$308.81 CAD
Cap Rate
8.84%
NOI
$30,013 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.16 AC
Zoning
GC - General Commercial
Frontage
49’ on Orange Ave
Fairly walkable
50/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $140,740 CAD | |
| Land Assessment | $48,068 CAD | Total Assessment | $214,276 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$48,068 CAD
Improvements Assessment
$140,740 CAD
Total Assessment
$214,276 CAD
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1901 Orange Ave
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