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$2,500,000
121 Days On Site

3901 Orange Ave
Fort Pierce, FL 34947

For Sale|Retail|Active
0
Beds
0
Total Baths
9,060
SqFt
$276
/SqFt
2008
Built
County:
St Lucie

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3901 Orange Ave3901 Orange Ave3901 Orange Ave3901 Orange Ave
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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.

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Listing Snapshot
Price 
$2,500,000
Days On Site 
121 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,060 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.57 Acres
Year Built 
2008
MLS® Number 
A12049784
Status 
Active
Property Tax 
$30,296
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoStatus changed to Active
3 weeks agoPrice changed to $2,500,000
3 weeks agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Property Sub Type 
Retail
SqFt Total 
9060
Zoning 
General
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Community Features
MLS Area 
7010
Listing courtesy of Fausto Commercial Realty Consultants Inc

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Neighborhood & Commute
Source: Walkscore
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