Price Reduction
Address
427 S Market Avenue Fort Pierce, FL
Price
$ 1,350,000
Property Attributes
- MLS#RX-10608173
- TypeCommercial
- CountySAINT LUCIE
- CityFort Pierce
- Area7140
- NeighborhoodKellemS Subdivision
- Zip34982
- StyleIndustrial
- Year Built1990
- Taxes15587
- Price$ 1,350,000
- Bedrooms0
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage20112
Listing Provided Courtesy Of:
Coldwell Banker Paradise
Property Description
This is a Sale Lease back of this 20,112 SF. Industrial Bldg on 1.38 Acres. Real Stone & Granite is expanding. Upon sale of this facility Real Stone & Granite will lease back at $9,562.00 / Month NNN- Yeilding an investor 8 1/2 % cap rate ($5.70 sqft NNN). Lease term of 2 years + option to renew for 2-3 additional years. Building can be seperated into four 4,750 sqft bays for multiple tenants each bay has plumbing for a bathroom and two 15 ft bay doors per unit on each side of building. Agreement in place for Extra parking on the County Buidling parking lot located behind facility. Building has ample power with a 3 phase 400 amp electrical system. Building has 19,000 sqft on first with a second floor office space of 1,112 sqft giving it a combined total of 20,112 sqft.
| Price History | |
|---|---|
| 3/10/2020 | Listed $1,425,000 |
| 1/16/2021 | 6% - $1,350,000 |
General Features
| Area | 7140 |
|---|---|
| Auction | No |
| Built Desc | Resale |
| Construction | Metal |
| Cooling | Central Individual |
| Flooring | Concrete |
| For Lease | No |
| Geo Area | SL05 |
| Geo Lat | 27.391918 |
| Geo Lon | -80.327005 |
| Heating | Central Individual |
| Legal Description | KELLEM`S S/D FROM SE COR LOT 9 RUN W 265 FT TO POB, TH CONT W 199.9 FT, TH N 330 FT, TH E 174.9 FT, TH S 150 FT, TH E 25 |
| Possession | At Closing |
| Property Type | E |
| Roof | Metal |
| Status | Active |
| Stories | 1.0 |
| Subdivision | KELLEM'S SUBDIVISION |
| Tax Year | 2019 |
| Tenant Pays | None |
| Terms Considered | Cash, Leaseback Available |
| Type | Industrial |
| Type Of Building | Free Standing, Industrial, Industrial / Mfg, Storage/ Warehouse |
| Use | Industrial |
| Utilities | Cable, Electric, Municipal Water, Septic, Well Water |
| Virtual Tour | https://www.propertypanorama.com/427-S-Market-Avenue-Fort-Pierce-FL-34982/unbranded |
| Year Built | 1990 |
| Zoning | Indust |
Interior Features
| Total Number of Units | 4 |
|---|
Exterior Features
| Sale Includes | Building and Land |
|---|---|
| Lot Size | 1.38 |
| Property Desc | Industrial Building |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 34982
Price
Taxes
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Year Built
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Beaches MLS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
©Yes MLS, INC - Northern Ohio Regional Multiple Listing Service All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective
