Bought with Coldwell Banker Paradise
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3525 S Us Hwy 1 HWY Fort Pierce, FL 34982
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Key Details
Sold Price $649,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RX-10773147
Sold Date 04/15/22
Year Built 1989
Annual Tax Amount $7,316
Tax Year 2021
Lot Size 1.140 Acres
Property Description
INVESTOR SPECIAL! INCOME PRODUCING COMMERCIAL BLDG ON SOUTH US 1. ON 1.14 ACRES (165 X 300). 4,502 SQ FEET UNDER AIR - 6,532 SQ FEET UNDER ROOF (PER TAX ROLLS).AT LEAST 7 POTENTIAL RENTAL SOURCES ON THIS PROPERTY!CURRENTLY 4 AREAS ARE RENTED OUT AT $4,552 PER MONTH. POTENTIAL FOR OVER $7,000/MONTH INCOME.WHICH WOULD YIELD A CAP RATE OF APPROXIMATELY 8.7%.SEE ATTACHED CURRENT RENT ROLL & PROFORMA RENT ROLL.3 BATHS 5 OVERHEAD DOORS /2 DOORS AT 12FT / 2 DOORS AT 8 FT / 1 DOOR AT 10 FT.
Location
State FL
County St. Lucie
Area 7140
Zoning Industrial
Interior
Heating Central Individual
Cooling Central Individual
Flooring Concrete
Fireplaces Type None
Exterior
Utilities Available Cable, Electric, Municipal Water
Roof Type Metal
Building
Story 50.00
Foundation Metal
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095