1892 SE Federal Hwy
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1892 SE Federal Hwy
12,004 SF Retail Building Stuart, FL 34994 $4,175,000 ($348/SF)
Investment Highlights
- Significant Capital Improvements
- Exceptional On-Site Parking
- Strong Local Demographics
Executive Summary
Excellent Investment or Owner/User opportunity. Well designed Free-Standing Retail/Showroom Building located directly on SE Federal Highway (US1) with exceptional on-site parking and signage. The property is situated just north of SE Monterey Road and offers great access to Downtown Stuart and all major area thoroughfares. The building is well designed, lending itself to a multitude of uses, and offers concrete tilt-wall construction, impact windows and entry doors, covered delivery/loading area in rear with a grade level overhead door. Significant capital improvements have been recently completed including interior and exterior paint, resurfaced parking lot, all new HVAC units (4) and a complete re-roof with solar panels installed- providing significant power while reducing electric expenses. The property is surrounded by numerous national and regional credit tenants and offers strong local demographics.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
12,004 SF
Building Class
B
Year Built/Renovated
2004/2022
Price
$4,175,000
Price Per SF
$348
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.77 AC
Zoning
CPUD - Commercial Planned Unit Development
Parking
45 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
79 FT on SE Federal Hwy
Amenities
- Pylon Sign
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 09-38-41-020-000-00020-0 | Improvements Assessment | $746,830 |
Land Assessment | $1,825,080 | Total Assessment | $1,825,080 |
PROPERTY TAXES
Parcel Number
09-38-41-020-000-00020-0
Land Assessment
$1,825,080
Improvements Assessment
$746,830
Total Assessment
$1,825,080
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1892 SE Federal Hwy
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