Two-Story Mixed-Use Corner
1893 NE Jensen Beach Blvd Jensen Beach, FL 34957
For Sale
Contact for pricing
Two-story mixed-use building on a downtown corner with 9,140 SF total area.
Property Size9,140 SF
Price / SF$470.46
Days on Market193
Property Features for 1893 NE Jensen Beach Blvd
General Information
- Standard status
- Active
- Size
- 9,140 SF
- Property subtype
- RETAIL
Listing Agency:
Jeremiah Baron & Co.
(772) 260-1655
Listed By:
Mathew Crady · License #3319900
Source:
Moodyscre
Added: Jan 14
Changed: Jul 25
Last Checked: Jul 25 at 2:29AM
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 Jeremiah Baron & Co.
Investment Insights
Based on property information with market context.
For sale, 1893 NE Jensen Beach Blvd is a two-story mixed-use commercial building totaling 9,140 SF. The property is positioned at the corner of NE Jensen Beach Blvd and NE Pineapple Avenue in downtown Jensen Beach, offering a prominent street-facing presence for retail and mixed-use uses.
The building’s configuration supports a mixed-use setup across two levels, providing flexibility for prospective ownership and tenant occupancy. This is an opportunity to acquire a larger corner asset in a concentrated downtown setting.
The building’s configuration supports a mixed-use setup across two levels, providing flexibility for prospective ownership and tenant occupancy. This is an opportunity to acquire a larger corner asset in a concentrated downtown setting.
Key Highlights
- Two‑story mixed‑use building totaling 9,140 SF
- Located on a high‑visibility downtown corner at NE Jensen Beach Blvd and NE Pineapple Avenue
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 | $246.8k | $27.00 |
| − Vacancy | −$6.7k | −$0.73 |
| EGI | $240.1k | $26.27 |
| − OpEx | −$72.0k | −$7.88 |
| NOI | $168.1k | $18.39 |
9,140 SF · lease $27.00/SF/yr · vacancy 2.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.40M
$2.10M – $2.80M
NOI $168,082 @ 7.0% cap · market cap 3.91%
Second Best
Mixed Use
$1.76M
$1.54M – $2.06M
NOI $123,390 @ 7.0% cap · market cap 2.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Mixed-use property - Two-story mixed-use building on a downtown corner with 9,140 SF total area.
Where is this mixed-use property located?
The property is located at 1893 NE Jensen Beach Blvd Jensen Beach, FL.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Two‑story mixed‑use building totaling 9,140 SF; Located on a high‑visibility downtown corner at NE Jensen Beach Blvd and NE Pineapple Avenue
