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1018-1090 SW Bayshore Blvd - LTR Exquisite Shoppes With Business Included

800 SF Retail Condo Unit Offered at $295,000 in Port Saint Lucie, FL 34983

Investment Highlights

  • Real Estate for sale w/ the business
  • Approximately $175,000 in Gross Revenue
  • Over $100,000 in upgrades including NEW AC
  • Unit comes with GREASE TRAP for restaurant conversion

Property Facts Under Contract

Price $295,000
Unit Size 800 SF
No. Units 1
Total Building Size 10,797 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Office
  • General Retail Restaurant
  • General Retail Storefront
  • Office Medical
Sale Type Investment or Owner User
Building Class C
Floors 1
Typical Floor Size 10,797 SF
Year Built 1998
Lot Size 1.51 AC
Parking Ratio 5.37/1,000 SF
Sale Conditions Build to Suit

1 Unit Available

Unit 1060

Unit Size 800 SF
Price $295,000
Price Per SF $368.75
Condo Use Retail
Sale Type Investment or Owner User
Sale Status Under Contract
Cap Rate 11.83%
NOI $34,900
No. Parking Spaces 50
Sale Conditions Build to Suit
APN/Parcel ID 3431-500-0008-000-4
Description

800 sf retail condo with hair salon business value included!

Sale Notes

eXp Commercial is proud to exclusively offer this prime Retail Condo investment opportunity in the vibrant St Lucie West submarket of Port St Lucie, FL. BOTH the real estate and the Xpress Hair Salon business (+$65,000) are for sale! This impeccably renovated 800 SF retail condo spared no expense, with over $100,000 in upgrades it features a new AC unit, metallic epoxy flooring, a washer and dryer room with extra storage, a break area, one very elegant bathroom, custom cabinetry with crown molding, LED lighting, 144cm of decorated fiber glass for the reception desk, and a GREASE TRAP in the event the new owner wishes to convert to a RESTAURANT use. Other owners/tenants in the plaza include Progressive, Boost Mobile, Century 21, the Italian Market, among others. The owner of the business is open to staying and working in the salon full time, with current annual Gross Sales nearing $175,000 and with room for growth, this compelling opportunity is primed for investors seeking a stable and lucrative venture. With its strategic location directly on Bayshore Blvd, a couple miles from Crosstown Pkwy, Turnpike, and I-95 and its strong tenant base, this property stands out as a promising addition to any retail investor's portfolio, or next owner user!

Amenities

  • Bus Line
  • Air Conditioning

zoning

Zoning Code CG (Commercial General Zoning)
CG (Commercial General Zoning)
  • Listing ID: 31627471

  • Date on Market: 4/27/2024

  • Last Updated:

  • Address: 1018-1090 SW Bayshore Blvd, Port Saint Lucie, FL 34983

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