2520 Kanner Hwy Stuart, FL 34994-4616
- Investment properties
- 11,334 SF
- 1.43 lot acres
Current Use by Public Records
- Saturday's Inc / Fabric Store / Furniture Repair Shop
- Custom Services / Furniture Repair Shop
Property Details for 2520 Kanner Hwy
- Year built
- 1959
- Lot size
- 1.43 lot acres
- Property size
- 11,334 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 17-38-41-000-000-00040-0
- APU
- 173841000000000400
Description
This exceptional mixed-use property, located at 2520 S Kanner Hwy in Stuart, Florida (34994), presents a unique investment opportunity. The 1.425-acre lot features three buildings totaling 11,334 square feet, situated on a high-traffic section of Kanner Highway across from a Wawa, boasting daily traffic counts exceeding 28,000 vehicles. The main building offers 7,996 square feet of commercial space suitable for various uses, including retail, office, automotive, or light industrial applications. The property is zoned B1. Two additional buildings, located at the rear of the property, currently serve as residential units (a house and a guest house) and include a pool and a Koi pond. These structures offer potential for conversion to additional commercial space or continued residential use. The property includes a gated entrance and signage opportunities. The asking price is $2,500,000, translating to $220.58 per square foot. This owner/user investment presents significant potential for both immediate income and future expansion. The property's prime location and versatile configuration make it an attractive prospect for a wide range of investors and businesses.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,876,000
- AI Estimate
- $1,272,000
Market price range: $1.49M - $4.48MMarket price range: $819k - $2.89M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $2,490,000
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Location Insight
- Map
- Local Demand
- City
- Stuart
- County
- Martin
- State
- Florida
- Longitude
- -80.2534
- Latitude
- 27.1744
- CBSA code
- 38940
- CBSA name
- PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA