Mixed-Use Portfolio with Developable Land 2402-2406 S US Highway 1 Local commercial 469 m² 100 % Loué À vendre Fort Pierce, FL 34982 2 248 915 € (4 793,49 €/m²)

Berkshire Hathaway Homeservices EWM Realty (“BHHS EWM Realty”) is pleased to present the opportunity to purchase this multi-parcel commercial portfolio located in the heart of Fort Pierce, Florida in St. Lucie County. The portfolio consists of 3 individual properties (4 folios), and provides a Buyer with an opportunity to own prime real estate along the bustling US 1 corridor in Fort Pierce. The properties offer future development potential, while enjoying the existing cash flow streams generated by a single-tenant NNN Lease with the national retail brand Tuff Shed, as well as from a residential triplex building.
The properties are located one block south of the intersection of US-1 and State Road 70 which is one of the major arteries leading into downtown Fort Pierce from I-95 and Florida’s Turnpike. The Tuff Shed property is a corner lot composed of two adjoining parcels (2 separate folios) that front US-1 to the west, Indian Hills Drive to the north, and S. 3rd Street to the east.
The adjacent residential triplex property is contiguous and to the east of the Tuff Shed parcel and fronts Indian Hills Drive to the north and S. 3rd Street to the east. This parcel features a large open parking area along with double egress/ingress to the north and east.
The vacant developable lot is located across the street to the north of Indian Hills Drive and is composed of 23,320 SF (0.54 acres) and is zoned C3 – General Commercial. The fully-paved & gated/fenced lot is currently part of the Tuff Shed lease and is mainly used for storage of their shed inventory. Plans exist for a future 4,000 SF industrial warehouse/storage building. To accommodate potential future development, the lot already features a full array of underground utilities and new sidewalks.
The Portfolio is surrounded by national retailers. Sable Palm Plaza is located across US-1 and features brands such as Publix, Jersey Mike’s, Wendy’s and Chase Bank. One block to the north of State Road 70 is the newly-refurbished Gateway Plaza which features Starbucks, Planet Fitness, Wingstop, Ross and a Wawa outparcel.
Addresses:
Tuff Shed Property (2 folio numbers): 2402 S. US HWY 1 (a/k/a 307 Indian Hills Dr.)
Residential Tri-Plex Property: 303 Indian Hills Dr.
Vacant Developable Lot: 330 Indian Hills Dr.
Please see Offering Memorandum Attached for complete details.