Downtown Retail Storefront
110 S US HIGHWAY 1 Fort Pierce, FL 34950
New
110 S US HIGHWAY 1, Fort Pierce, FL, 34950
$1,200,000
For Sale
$1,200,000
For sale retail storefront property on US Highway 1 with four retail tenants in Fort Pierce.
Property Size7,346 SF
Price / SF$163.35
Days on Market4
Property Features for 110 S US HIGHWAY 1
General Information
- Standard status
- Active
- Size
- 7,346 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1926
Listing agency
BRANCA REALTY PROFESSIONALS, LLC
Listed by
ADELE SIKTAR KING · License #B26054209
Source
Corcoran
Added: Jul 20 Updated: Jul 23 at 4:55AM Checked: Jul 23 at 4:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BRANCA REALTY PROFESSIONALS, LLC
Investment Insights
Based on property information with market context.
This for-sale retail storefront property is located on US Highway 1 in Historic Downtown Fort Pierce and operates with four retail tenants. The asset is positioned as a multi-tenant retail offering within a downtown setting.
The property’s frontage on US Highway 1 places it directly on a busy commercial corridor, providing consistent visibility to passing traffic. It is described as being close to everything within the downtown area.
The property’s frontage on US Highway 1 places it directly on a busy commercial corridor, providing consistent visibility to passing traffic. It is described as being close to everything within the downtown area.
Key Highlights
- Retail storefront property on US Highway 1 in Historic Downtown Fort Pierce
- Year built 1926
- Currently leased to 4 retail tenants
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $132.2k | $18.00 |
| − Vacancy | −$11.2k | −$1.53 |
| EGI | $121.0k | $16.47 |
| − OpEx | −$36.3k | −$4.94 |
| NOI | $84.7k | $11.53 |
7,346 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.21M
$1.06M – $1.41M
NOI $84,692 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,319 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - For sale retail storefront property on US Highway 1 with four retail tenants in Fort Pierce.
Where is this storefront property located?
The property is located at 110 S US HIGHWAY 1 Fort Pierce, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Retail storefront property on US Highway 1 in Historic Downtown Fort Pierce; Year built 1926; Currently leased to 4 retail tenants
