927 N Us Highway 1, FORT PIERCE, FL

$3,400,000

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3,183

Square feet

0.78

Acres

About 927 N Us Highway 1

For Sale: Commercial Property & Business Turnkey Bait Shop & Mixed-Use Property with Immediate Income Potential Are you ready to invest in a property that offers multiple income streams and is ready for business from day one? This unique property includes a fully operational bait shop and numerous additional assets, making it a highly lucrative opportunity. Buy today and start generating income the same day! The bait shop is fully equipped with inventory, merchandise, vendor lists, and established relationships, ensuring a seamless transition for the new owner. It also features a convenient drive-through window to enhance customer service. Additionally, the property includes two outdoor storage tanks that are ideal for replenishing the indoor bait tanks with fresh water. Two large storage containers (45ft and 20ft) are included, providing ample space for equipment, merchandise, or supplies. These can also be rented out for additional income. A food truck is part of the sale and is currently leased by tenants for $1,800 monthly rent, offering an immediate and stable revenue stream. The property also comes with a pontoon boat, which offers another unique revenue opportunity. This boat can be used for rental purposes, attracting additional income from tourists or locals looking for a relaxing and enjoyable boating experience. This property includes a water tank truck, a backup tank with a trailer, and an income-generating water delivery business. The sale also features a U-Haul contract, allowing the new owner to earn a 20% commission on every rental. The property is zoned C-3, supporting multiple uses such as retail, convenience stores, QSR/fast food, restaurants, shopping centers, and sidewalk cafes. Current income is generated from parking spaces rented at $200 each, with potential to add more spaces in the back lot. There’s also an opportunity to build upward to three stories or expand outdoor seating in the front area to further increase revenue. The 3,823 sq. ft. building sits on 0.7685 acres and includes several essential features such as three-phase electricity, which provides a continuous and balanced flow of power for high-demand operations. The property is equipped with two grease traps, two public toilets, and significant backup systems including two wells and a generator for uninterrupted operations. Other key features include a back living area, which provides flexibility for the new owner. You can either live on the property or use it for on-site management, offering added convenience and control over the business operations. Alternatively, the living area can be rented out to generate additional income. The property also includes a fully equipped kitchen for personal use or expanded business ventures. Adding to its appeal, this property is located right by the water on the main highway, ensuring high visibility and accessibility, which is ideal for attracting customers and maximizing revenue. A new metal roof is currently being installed, and security cameras are in place for added peace of mind. The bait shop alone generates $40,000 plus a month during the busy season. This is a rare investment opportunity with established income streams and significant growth potential. Don’t miss the chance to own this one-of-a-kind property and business!

Features of 927 N Us Highway 1

MLS® # O6263788
Price $3,400,000
Square Footage 3,183
Acres 0.78
Year Built 1980
Type Business Opportunity
Sub-Type Mixed Use
Status Active

Community Information

Address 927 N Us Highway 1
Area Fort Pierce
Subdivision PLAT OF ALTADENA
City FORT PIERCE
County St Lucie
State FL
Zip Code 34950-9126

Amenities

Parking 13 to 18 Spaces
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Microwave, Refrigerator, Washer
Heating Central, Electric, Natural Gas, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Fireplace No

Exterior

Roof Metal
Foundation Crawlspace, Other, Slab

Additional Information

Date Listed December 16th, 2024
Days on Market 291
Zoning GENERAL CO
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHIGH - END REALTY LLC

Listing Map

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