For Sale
$6,250,000

13 Osceola StStuart, FL 34994

Historic Downtown Stuart Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fully leased, mixed-use retail property situated in the vibrant heart of historic Downtown Stuart, Florida. Spanning 15,082 square feet, this property, built in 1925, boasts seven established tenants, a diverse mix of clothing boutiques, restaurants, and cosmetic shops, all operating under long-term triple-net leases. The strong tenant base ensures a consistent income stream, further enhanced by supplemental income generated from the property's parking lot. A land lease is also in place. The property's prime location within the Urban Center (UC) zoning district of Martin County ensures high visibility and foot traffic, benefiting from both local residents and tourists. The area's lively atmosphere is further amplified by regularly scheduled weekly events, attracting even more visitors. The asking price is $6,250,000, representing a compelling price per square foot of $414.40 and a desirable 5.43% capitalization rate, with a current Net Operating Income (NOI) of $339,122. This property offers a rare chance to acquire a well-established, income-producing asset in a thriving Florida location. The address is 13 SW Osceola St, Stuart, FL 34994. This is a turnkey investment ready for a new owner.

Highlights

  • Fully leased row of boutique shops in historic Downtown Stuart, FL; excellent investment opportunity.
  • Seven tenants including clothing, restaurants, and cosmetics.
  • Triple-net lease with long-term tenants, plus parking and land lease income.
  • High foot traffic from locals and tourists, boosted by weekly events.

Property Details for 13 Osceola St

Property type
Retail properties, Mixed-use properties
Square Feet
15,082 SF
Year Built
1925

Location Insight

City
Stuart
County
Martin
State
Florida
Latitude
27.1989475
Longitude
-80.2532263
13 Osceola St, Stuart, Florida

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13 Osceola St
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