See all 20 photos
Listed by Juste Real Estate LLC
$2,499,000
Est. payment /mo
1 BA
9,672 SqFt
Price Dropped by $378K
5180 Turnpike Feeder RD 1-15 Fort Pierce, FL 34951
UPDATED:
09/10/2024 06:07 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,672 sqft
Price per Sqft $258
Subdivision Lakewood Park Unit 12A
MLS Listing ID RX-10879706
Construction Status Resale
Year Built 1981
Annual Tax Amount $14,764
Tax Year 2022
Lot Size 1.070 Acres
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 and keep
Location
State FL
County St. Lucie
Area 7040
Zoning CommNe
Interior
Heating Central Individual
Cooling Central Individual
Flooring Concrete
Fireplaces Type None
Exterior
Utilities Available Electric, Septic, Well Water
Waterfront No
Roof Type Comp Shingle
Building
Story 100.00
Construction Status Resale
Others
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Financing Cash,Exchange
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