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
AVG $430K
$1.35M
Taxes
AVG $13,504
$15,587
Visits
AVG 76
40
Year Built
AVG 1984
1990
Walkscore
AVG 32
27
Data Provided by Walkscore ® not using MLS data

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