About This Property

Mixed-use investment on 1.45 AC CG-zoned parcel at I-95 Exit 131 in Fort Pierce. 9,060 SF total: 24-hour multi-bay car wash (vacant, equipment in place) plus 5-bay retail strip. Four bays leased (coin laundry thru 8/2027 w/4% annual increases, church in two bays thru 8/2028 w/5% increases, salon MTM) generating $105,264/yr current income. Vacant second-generation restaurant bay includes full commercial kitchen with hood, range, fryers and refrigeration. Approx. 17,500 vehicles/day on Orange Ave frontage plus 72,400 vehicles/day I-95 exposure (FDOT 2023). Projected pro forma NOI approx. $152,876/yr after 5% vacancy and 2% reserves at owner-provided rents, a projected 6.1% cap at list. Strong fit for owner-operator (retail rent offsets carry), value-add investor (lease-up plus approx. 28% mark-to-market on occupied bays), or long-term hold with redevelopment optionality. CG zoning allows automotive, retail, office, restaurant, hotel. Seller financing available.

Key Features

• 68,389 sq ft Lot
• Built in 2008

Property Details

• Type: Single Family Home
• Year Built: 2008
• Lot Size: 1.57 Acres
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 68,389 sq ft Lot
• Feature: Built in 2008
• Status: Active
• MLS Number: 1176630013
• Days on Market: 198
• Listed By: Fausto Commercial Realty Consultants Inc · Benjamin Kunzle
• Zip Code: 34947