2838 Us Highway 1 Fort Pierce, FL 34982
- Retail properties
- 3,003 SF
Current Use by Public Records
- Retail properties
Property Details for 2838 Us Highway 1
- Year built
- 1983
- Property size
- 3,003 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional commercial property, located at 2838 S US Hwy 1 in Fort Pierce, Florida, presents a compelling investment opportunity. The 3,003 square foot building, constructed in 1983, previously operated as a restaurant. Situated on a prominent site along the busy US Highway 1 in St. Lucie County (zip code 34982), this location boasts high visibility and significant daily traffic exceeding 30,000 vehicles. The property offers flexibility for prospective buyers. The existing structure, while showing its age, retains character and could be renovated to suit a variety of restaurant or retail concepts. Alternatively, the building could be demolished to accommodate a new construction project, maximizing the potential of this prime location. The asking price is $630,000. This is a rare chance to acquire a high-traffic commercial property with significant redevelopment potential in a thriving Florida market. The lot size is not specified.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Pierce
- County
- St. Lucie
- State
- Florida
- Longitude
- -80.3253
- Latitude
- 27.4142
