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Bar & Pub Property
For Sale
$619,000

809 DELAWARE Avenue, Fort Pierce, FL 34950

Office Co zoning accompanies a centrally air-conditioned building in Fort Pierce.

Property Size3,256 SF
Days on Market30

Property Features for 809 DELAWARE Avenue

General Information

Standard status Active
Size 3,256 SF
Total Parking Spaces 15
Zoning Office Co

Taxes and HOA fees

Annual Taxes $8,173

Amenities

Central Air
Central
On Street

Building Details

Building Size 3,256 SF
Year Built 1920
Buildings 1
Stories 2
Listed By: Lucian L Lewis III
Source: Evrealestate
Added: Sep 9 Changed: Oct 7 Last Checked: Oct 7 at 2:19PM

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 Lucian L Lewis III

Investment Insights

Based on property information with market context.

Located at 809 Delaware Avenue in Fort Pierce, this bar and pub property was built in 1920. The building has central air conditioning and is zoned Office Co.

Key Highlights

  • Built in 1920
  • Zoned Office Co
  • Central air conditioning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,633
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$972,660 $972.7K
Cap Rate 7%
$694,757 $694.8K
Cap Rate 9%
$540,367 $540.4K
Market Conditions
NOI Build-Up for 3,256 SF
Gross rent
$70.3K $21.60/SF
− Vacancy
−$5.5K −$1.68/SF
EGI
$64.8K $19.92/SF
− OpEx
−$16.2K −$4.98/SF
NOI
$48.6K $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%
$972,660
Cap Rate 7%
$694,757
Cap Rate 9%
$540,367

Alternative Uses

Best Use
Specialty Retail
$694.8K
$607.9K – $810.6K (±1% cap)
NOI $48,633 @ 7.0% cap · market cap 7.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$818.8K
$716.5K – $955.3K (±1% cap)
NOI $57,319 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Spectrum Painting Contractors Painting Service

Suggested Use

Top Pick Electrical Service Carpet & Flooring Store Veterinary Clinic Butcher Storage Facility Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,561
Businesses Nearby
71k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 60% Dining 27% Groceries 13%
Dollar Tree Shops & Services
19,578 visits/mo 0.3 miles
KFC Dining
16,103 visits/mo 0.3 miles
Save-A-Lot Groceries
9,450 visits/mo 0.1 miles
Chevron Shops & Services
8,428 visits/mo 0.3 miles
BP Shops & Services
4,416 visits/mo 0.1 miles

Demographics for 34950, FL

16,582
Population
8,055
Households
2.1
Avg Household Size
37
Median Age
14%
College-Educated
64%
High-School Grad
5.2 sq mi
ZIP Area
3,189
Density / Sq Mi
$32,707
Median Household Income
$29,214
Median Earnings
$1,121
Median Rent
$175,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Boozgeois Saloon — 720 S US Hwy 1, Fort Pierce, FL 34950
  • Jetty — Fort Pierce, FL 34950
  • Zar’s Cigars — 223 Orange Ave, Fort Pierce, FL 34950

Frequently Asked Questions

What type of property is this?
Bar & Pub - Office Co zoning accompanies a centrally air-conditioned building in Fort Pierce.
Where is this bar & pub located?
The property is located at 809 DELAWARE Avenue Fort Pierce, FL.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Built in 1920; Zoned Office Co; Central air conditioning
More about this property
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