Freestanding Restaurant Space | 2455 Midway Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Freestanding Restaurant Space 2455 Midway Rd
1,200 SF Vacant Retail Building Fort Pierce, FL 34981 $649,000 ($541/SF)
INVESTMENT HIGHLIGHTS
- Situated on half an acre
- Commercial kitchen equipped with a grease trap and hood
- Spanning 1,200 square feet
- *CONTACT LISTING AGENT - PLEASE DO NOT DISTURB TENANT*
EXECUTIVE SUMMARY
Option To Be Delivered Vacant At Closing
INVESTMENT OPPORTUNITY - Fantastic chance to acquire a standalone restaurant building situated on half an acre with existing 3-year lease in place.
The property boasts impressive frontage with a prominent pole sign. Spanning 1,200 square feet, the space features both indoor and outdoor seating, along with a convenient drive-through.
Added advantages include a commercial kitchen equipped with a grease trap and hood.
*Option to connect city sewer and redevelop property with a 2-story building.*
*CONTACT LISTING AGENT - PLEASE DO NOT DISTURB TENANT*
INVESTMENT OPPORTUNITY - Fantastic chance to acquire a standalone restaurant building situated on half an acre with existing 3-year lease in place.
The property boasts impressive frontage with a prominent pole sign. Spanning 1,200 square feet, the space features both indoor and outdoor seating, along with a convenient drive-through.
Added advantages include a commercial kitchen equipped with a grease trap and hood.
*Option to connect city sewer and redevelop property with a 2-story building.*
*CONTACT LISTING AGENT - PLEASE DO NOT DISTURB TENANT*
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,200 SF
Building Class
B
Year Built
1990
Price
$649,000
Price Per SF
$541
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.48 AC
Zoning
CN - Commercial, Neighborhood
Parking
15 Spaces (12.5 Spaces per 1,000 SF Leased)
Frontage
49 FT on Midway Rd
AMENITIES
- Corner Lot
- Pylon Sign
- Restaurant
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 34-03-502-0096-0202 | Total Assessment | $198,900 (2023) |
| Land Assessment | $125,500 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $73,400 (2023) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
34-03-502-0096-0202
Land Assessment
$125,500 (2023)
Improvements Assessment
$73,400 (2023)
Total Assessment
$198,900 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Freestanding Restaurant Space | 2455 Midway Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.