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Listed by Watson Realty Corp

$2,499,000

Est. payment - /mo

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15 Baths

9,672 SqFt

Pending

5180 Turnpike Feeder RD 5180 /1-15 Fort Pierce, FL 34951

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MAXIM LLC

maxim@maximrealtors.com +1(407) 288-0704

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

Square Footage 9,672 sqft

Price per Sqft $258

Subdivision Lakewood Park Unit 12A

MLS Listing ID RX-11035346

Year Built 1981

Annual Tax Amount $14,928

Tax Year 2024

Lot Size 1.430 Acres

Property Sub-Type Retail

Property Description

LAKEWOOD PARK PLAZA has established upside potential. One way to maximize the upward potential of this fast-growing commercial plaza is to focus on the diverse tenant mix. You can increase foot traffic and keep the demand for any vacant rental space by attracting different demographics and needs. The upside in the past five years has boosted rents, while most tenants remain; they are being brought up to market rent. Fort Pierce has become an economic development area. Turnpike Feeder Road's connection to I95 makes it a central hub and continues fast-growing communities. This plaza sits directly in the heart of the road. Tenants remain and continue to grow their business. Additionally, investing in amenities like green space and seating could enhance community events.

Location

State FL

County St. Lucie

Area 7040

Zoning CommNe

Interior

Heating Central Individual

Cooling Central Individual

Flooring Concrete

Fireplaces Type None

Exterior

Community Features None

Utilities Available Septic, Well Water

Roof Type Comp Shingle,Mixed

Present Use None

Building

Story 15.00

Others

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

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MAXIM LLC

+1(407) 288-0704

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5180 Turnpike Feeder RD 5180 /1-15 Fort Pierce, FL 34951

MAXIM LLC

Key Details

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5180 Turnpike Feeder RD 5180 /1-15