625 Us Highway 1Fort Pierce, FL 34950

Property Details for 625 Us Highway 1

Year built

1960

Property size (Sq ft)

11,000 SF

Property type

Industrial properties

Property subtype

Other warehouses

Description

This 12,000-square-foot warehouse, located at 625 S US Hwy 1 in Fort Pierce, Florida (34950), presents a compelling value-add investment opportunity. The single-story, 11,000-12,877 square foot building, constructed in 1960 and renovated in 2023, sits on a 15,650-square-foot lot and is zoned CG. Currently at 10% occupancy, the property features three units, one building, two loading docks, and two dock-high doors. The warehouse boasts a 30-foot ceiling height and includes showroom/warehouse space, front and back offices, and a conference room. This property benefits from high visibility and heavy traffic counts due to its location on US-1. Seller financing is available with a 30% down payment. The asking lease rate is $14 per square foot, NNN. This is an ideal owner-user opportunity with significant upside potential.

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Latitude

27.4409

Longitude

-80.3262

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