627 S Federal Hwy - Hospitality FOR SALE


Stuart, FL 34994- Downtown Stuart
$1,995,000 USD
772-223-3646
627 S Federal Hwy, Stuart, FL for Sale
$1,995,000 USD
Hospitality - FOR SALE
1/34
null | Request Cap Rate

627 S Federal Hwy
Stuart, FL 34994
Downtown Stuart


HIGHLIGHTS

  • Unique Redevelopment or Retrofit Opportunity on Federal Hwy
  • Flexible Land/Use Zoning
  • In the City of Stuart near Downtown

OVERVIEW

Unique Retrofit or Redevelopment Opportunity on Federal Highway in the City of Stuart near Downtown! This 19 Unit former Motel sits on a Desirable 1 Acre Corner Parcel with Ingress/Egress to 3 Streets...Federal Highway, McPherson Street, and 7th Street, which provides direct access to Colorado Avenue and Downtown Stuart! Flexible Land/Use Zoning provides the Perfect Opportunity for a Retail, Medical/Professional Office, Multi-Family, or Mixed-Use Redevelopment of this Prime Piece Stuart’s History. The Savvy Investor with Vision may find viability in a Retrofit Conversion to a Boutique Style Hotel, Vacation Rental Complex, or Bed & Breakfast that capitalizes on the existing Motel and its close proximity to Downtown Stuart. Stuart was recently voted the #1 Small Coastal Town in the United States by USA Today!

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$305 USD /SF

# OF ROOMS

19

PRICE/ROOM

$105,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

19 Unit Former Motel - Near Downtown Stuart

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1959

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

UH

APN/PARCEL ID

05-38-41-006-003-00010-9

ASK ABOUT THIS PROPERTY

Alex AydelotteFlorida Commercial Enterprises, LLCMore Info
772-223-3646

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Alex AydelotteFlorida Commercial Enterprises, LLCMore Info
772-223-3646

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.