1611 Orange Ave Fort Pierce, FL 34950-6816

This exceptional mixed-use property, located at 1605-1611 Orange Ave in Fort Pierce, Florida, presents a compelling investment opportunity. The property consists of two attached buildings totaling 4,909 square feet, situated on a 0.68-acre lot. One building is currently leased to a single tenant under a three-year lease (commencing December 4, 2023, and expiring December 4, 2026), with two renewal options. The lease is a modified type with no credit rating specified for the tenant. The other building, offering 3,604 square feet, is currently vacant and presents an opportunity for owner-occupancy or additional leasing. The vacant building also includes a fenced-in yard space with potential for lease. The property boasts a 16-foot ceiling height and has undergone significant renovations in 2024, exceeding $250,000 in improvements. The buildings were originally constructed in 1955 and are classified as Class C. The property is zoned GC and offers a blend of industrial, retail, and flex space, suitable for a variety of uses. The asking price is $1,050,000, translating to $213.89 per square foot. The property is ideally suited for an investor seeking a blend of immediate income and future development potential. The occupancy date for the vacant building is September 1, 2024.