Downtown Retail Storefront
110 S US HIGHWAY 1 Fort Pierce, FL 34950
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 Market11
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
Changed: Jul 23
Last Checked: Jul 30 at 5:40AM
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
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 authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Chaney's Art of Flowers & Beautifications — 139 N 2nd St, Fort Pierce, FL 34950
- Flowers Susan Washington — 1524 Ave D, Fort Pierce, FL 34950
Frequently Asked Questions
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
