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Commercial Laundry Service Business
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679 NW Enterprise Dr, Port St Lucie, FL 34986

Established commercial laundry service serving hospitality, restaurants, and clubs, with equipment, lease, client portfolio, and vehicles included.

Property Size5,250 SF
Price / SF$219.05
Days on Market552

Property Features for 679 NW Enterprise Dr

General Information

Standard status Active
Size 5,250 SF
Property subtype INDUSTRIAL

Additional Details

Business Included Yes
Highway Access Yes
Listing Agency: Jeremiah Baron & Co.
Listed By: Matthew Mondo · License #SL3445909
Source: Moodyscre
Added: Apr 26, 2025 Changed: Oct 25 Last Checked: Oct 28 at 7:49AM

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This offering is for an established commercial laundry service business. The sale includes all equipment, the property lease, the client portfolio, and company vehicles, supporting ongoing operations for customers.

The company primarily serves the hospitality industry, as well as restaurants and clubs. Its service area includes Brevard, Broward, Indian River, Martin, St. Lucie, and Palm Beach counties. The property is located at 679 NW Enterprise Dr in Port St. Lucie, and is conveniently located about 1.9 miles from I-95.

The property is described as surrounded by both national and local retailers. Please do not disturb staff onsite.

Key Highlights

  • Established commercial laundry service business serving the hospitality industry, plus restaurants and clubs
  • Sale includes all equipment, the property lease, client portfolio, and company vehicles
  • Primary service area covers Brevard, Broward, Indian River, Martin, St. Lucie, and Palm Beach counties

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,012
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,240 $740.2K
Cap Rate 7%
$528,743 $528.7K
Cap Rate 9%
$411,244 $411.2K
Market Conditions
NOI Build-Up for 5,250 SF
Gross rent
$65.5K $12.48/SF
− Vacancy
−$12.6K −$2.41/SF
EGI
$52.9K $10.07/SF
− OpEx
−$15.9K −$3.02/SF
NOI
$37.0K $7.05/SF
Area
St. Lucie County, FL
Vacancy
19.30%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,240
Cap Rate 7%
$528,743
Cap Rate 9%
$411,244

Alternative Uses

Best Use
Industrial
$528.7K
$462.7K – $616.9K (±1% cap)
NOI $37,012 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,421 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Liquidation Center Unit ... Big Box & Wholesale Store Pacific Star Wholesale ... (Bike/Boat/Book/etc) Store Riteway Linen Services (Bike/Boat/Book/etc) Store Pacific Star Wholesale ... (Bike/Boat/Book/etc) Store Enterprise Business Center Bank

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

314
Businesses Nearby

Demographics for 34986, FL

30,027
Population
14,600
Households
2.1
Avg Household Size
56
Median Age
35%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,597
Density / Sq Mi
$85,842
Median Household Income
$44,182
Median Earnings
$1,600
Median Rent
$368,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - Established commercial laundry service serving hospitality, restaurants, and clubs, with equipment, lease, client portfolio, and vehicles included.
Where is this manufacturing property located?
The property is located at 679 NW Enterprise Dr Port St Lucie, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Established commercial laundry service business serving the hospitality industry, plus restaurants and clubs; Sale includes all equipment, the property lease, client portfolio, and company vehicles; Primary service area covers Brevard, Broward, Indian River, Martin, St. Lucie, and Palm Beach counties
(772) 236-7780 Call to check price and availability
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