905 13Th StFort Pierce, FL 34950

Property Details for 905 13Th St

Year built

1950

Construction

CONCRETE BLOCKS

Lot size

0.15 AC

Property size (Sq ft)

1,458 SF

Zone code

NEIGHBORHO

Property type

Turn key restaurants

APN

2404-813-0030-000-1

APU

240481300300001

Description

This single-tenant industrial warehouse, located at 905 N 13th Street, offers 1,458 square feet of versatile space. Previously home to the legendary Bakes Bar, where James Brown once performed, the property boasts a rich history. Currently undergoing a cosmetic renovation, the building is receiving a complete interior update, giving it a modern feel while retaining its unique character. The property is zoned C2, offering a range of potential uses. The building consists of a single suite within a single building, making it ideal for a small business or individual operator seeking a convenient and well-maintained space. While the lot size is not currently specified, the building itself provides ample space for various industrial or commercial applications. The APN is 240481300300001. This is a rare opportunity to own a piece of local history revitalized for modern use. The updated interior and prime location make this property an attractive investment for those seeking a functional and historically significant space. The building's transformation promises a blend of vintage charm and contemporary functionality, creating a unique and appealing environment for any business. This property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $638,036

  6.5%

  $588,956

  7%

  $546,888

• Comparable approach

  Method

  Valuation

  Relative Method

  $386,525

  Geo Method

  $386,525

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,135,500

  Mixed-Use / Specialty

  $592,120

  Hospitality / Lodging

  $441,272

  Office

  $594,084

  Institutional / Educational

  $617,447

  Residential Income

  $722,413

  Multifamily

  $837,245

  Automotive / Energy

  $529,240

  Parking / Income-Based Land

  $177,434

  Restaurant / Food Service

  $319,199

  Healthcare / Senior Housing

  $601,811

Location Insight

City

Fort Pierce

County

St. Lucie

State

Florida

Latitude

27.4577

Longitude

-80.3375

CBSA code

38940

CBSA name

PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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