Commercial Kitchen Condo with Walk-In
For Sale
Contact for pricing
1262 SW Biltmore Street, Port St Lucie, FL 34983
Fully built commercial kitchen and office condos in a commercial center, supported by infrastructure for culinary operations and meal prep.
Property Size1,225 SF
Price / SF$220.41
Days on Market101
Property Features for 1262 SW Biltmore Street
General Information
Standard status
Active
Size
1,225 SF
Total Parking Spaces
30
Property subtype
Industrial
Zoning
Industrial
Additional Details
Business Included
Yes
Building Details
Year Built
2006
Buildings
1
Units
3
Listing Agency:
Crady Mackin Belland Commercial Real Estate
Listed By:
Conor Mackin · License #BK3495289
(772) 291-8443
Source:
Crexi
Added: Jun 29
Changed: Sep 12
Last Checked: Oct 5 at 5:19PM
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 Crady Mackin Belland Commercial Real Estate
Investment Insights
Based on property information with market context.
This offering includes (2) fully built-out commercial kitchen condos and (1) office condo, each available for individual sale within the Biltmore Commercial Center. Unit 1258 is a built-out 650 sf second-floor office space configured as three partitioned, fully air-conditioned suites. Unit 1260 includes an approximately 1,800 sf load-bearing mezzanine that can support storage or additional office build-out. Unit 1262 consists primarily of a dedicated office space and is equipped with a large industrial refrigerator.
The properties are located in the Biltmore Commercial Center between SW Biltmore Street and SW S Macedo Blvd. The combination of kitchen infrastructure and office space is designed to support day-to-day food production workflows while maintaining an on-site office presence.
For operators considering catering, meal prep, ghost kitchens, or specialty food manufacturing, these condos provide a practical in-place setup rather than starting from raw space. The build-out includes essential infrastructure suited to commercial culinary use, with flexible office configurations across the three units and additional mezzanine storage options for Unit 1260.
The properties are located in the Biltmore Commercial Center between SW Biltmore Street and SW S Macedo Blvd. The combination of kitchen infrastructure and office space is designed to support day-to-day food production workflows while maintaining an on-site office presence.
For operators considering catering, meal prep, ghost kitchens, or specialty food manufacturing, these condos provide a practical in-place setup rather than starting from raw space. The build-out includes essential infrastructure suited to commercial culinary use, with flexible office configurations across the three units and additional mezzanine storage options for Unit 1260.
Key Highlights
- Condo units offered within Biltmore Commercial Center: (2) built‑out commercial kitchen condos and (1) office condo
- Unit 1258: built‑out 650 SF second‑floor office with three partitioned, fully air‑conditioned suites
- Unit 1260: 1,800 SF load‑bearing mezzanine for storage or potential office build‑out
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,297
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,940
$365.9K
Cap Rate 7%
$261,386
$261.4K
Cap Rate 9%
$203,300
$203.3K
Market Conditions
NOI Build-Up for 1,225 SF
Gross rent
$26.5K $21.60/SF
− Vacancy
−$2.1K −$1.68/SF
EGI
$24.4K $19.92/SF
− OpEx
−$6.1K −$4.98/SF
NOI
$18.3K $14.94/SF
Area
St. Lucie County, FL
Vacancy
7.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,940
Cap Rate 7%
$261,386
Cap Rate 9%
$203,300
Alternative Uses
Best Use
Specialty Retail
$261.4K
$228.7K – $305.0K
NOI $18,297 @ 7.0% cap · market cap 6.78%
Second Best
Warehouse
$149.8K
$131.1K – $174.8K
NOI $10,487 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$308.1K
$269.6K – $359.4K
NOI $21,565 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
Demographics for 34983, FL
43,654
Population
17,799
Households
2.5
Avg Household Size
42
Median Age
27%
College-Educated
91%
High-School Grad
14.9 sq mi
ZIP Area
2,930
Density / Sq Mi
$72,787
Median Household Income
$40,538
Median Earnings
$1,739
Median Rent
$293,500
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Commercial kitchen - Fully built commercial kitchen and office condos in a commercial center, supported by infrastructure for culinary operations and meal prep.
Where is this commercial kitchen located?
The property is located at 1262 SW Biltmore Street Port St Lucie, FL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Condo units offered within Biltmore Commercial Center: (2) built‑out commercial kitchen condos and (1) office condo; Unit 1258: built‑out 650 SF second‑floor office with three partitioned, fully air‑conditioned suites; Unit 1260: 1,800 SF load‑bearing mezzanine for storage or potential office build‑out
