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1401 N 2nd Street
Fort Pierce, Florida FL 34950
Listing ID RX-10260599
Price: $1,795,000
Est. Monthly Payment: $7,708.76 See Details
Contingent Status
4 Total Baths
54,110 Living Square Feet
3.460 Acres
54,000 +/- Sq Ft. Manufacturing/Warehouse/Industrial Facility. Priced to sell at only $33 per Sq Foot!Prime location in the Port of Fort Pierce. Over 41,000 sf of the buildings are Concrete Block. Plus 12,710 SF of Steel/Frame construction. Ceiling heights of 16.5 ft to over 40 feet.Approx. 3,000 SF of office space -14 offices, reception area and 3 bathrooms.(Warehouse area has 2 bathrooms)8 overhead doors. Railroad spur on West side of building.Potential Investment Opportunity to renovate this facility and lease it. Good demand for industrial facilities. See attached proforma from 4/15 appraisal estimating income and expenses. Potential 10% cap. See Attached Document for details of the 3 building areas by Gross Building area, Ceiling Height, Wall Structure. Not all overhead are functional. 2 of 8 have been removed and blocked. See attached door schedule for sizes and dock high or ramp. Main manufacturing area has ceiling height of 15 to bottom of cement beams. The 290 acre Port of Fort Pierce is undergoing revitalization. $7.3 million is being spent on rebuilding North 2nd St.(the main roadway thru the port). Lanes are being widened from 10 to 12 feet with sidewalks, sewer and electric- line upgrades and drainage improvements.
Area: 7030
Cooling: Central
County: St. Lucie
Sale Includes: Building and Land
Year Built: 1968
Zoning: I1
% Air Conditioned: 5.00
Fire Protect: Sprinkler
Flooring: Concrete
Heating: Central
For Lease: no
Lease: None
Legal Desc: THAT PART OF GOVT LOT 2 LYG S OF FT PIERCE DRY DOCK AND TERMINAL CO PROP, E OF FEC RR MAIN LI R/W W OF N 2 ST AND N OF R
List Price/SqFt: 33.17
Tax Year: 2015
Tenant Pays: None
Terms Cons: Cash
Geo Area: SL08
Street Suffix: Street
Roof: Built-Up
Total Units: 0.99
Contingent: Contingent
Contingents: Appraisal, Financing, Inspection
Property Description: Manufacturing Bldg
Property Type: E
Stories: 1.00
Type of Building: Industrial, Industrial / Mfg, Manufacturing-Light, Storage/ Warehouse, Warehouse
Use: Industrial
Utilities: Public Sewer, Public Water

{"zipcode": "34950", "price": "1795000"}
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Listing courtesy of Coldwell Banker Paradise
The content relating to real estate for sale on this web site comes in part from the IDX program of the Jupiter, Tequesta, Hobe Sound MLS. This information is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. © 2017 Jupiter, Tequesta, Hobe Sound MLS. All rights reserved. The information provided is for consumers. personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. Please contact Water Pointe Realty Group directly for additional information pertaining to the status and availability of properties displayed on this website.

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