1923 Avenue D, Fort Pierce, FL 34950
30 Room Hotel | Fort Pierce, FL 34950 | $2,800,000 ($93,333/Room)
For Sale
Active
17 pictures
Asking Price $2,800,000
- Sale Condition
- 1031 Exchange
- Property Type
-
Hospitality
- Square Feet
- 7,663 SF
Listing Contacts
H. Alan Welles
- Property Info
Property Overview
27 room motel with new roof and partial renovations have already taken place and we are still renovating the property fully renovating 6 efficiency rooms. Its 3 Minutes from downtown Fort Pierce and 7 minutes from the beach and inlet. Property hs absentee owner and is mismanaged. LOTS OF ROOM FOR MORE POTENTIAL INCOME.
Property Details
- Class
- C
- Year Built/Renovated
- 1973/2021
- Stories
- 2
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 21,780 SF
- Units
- 30
Highlights
- foot traffic on historic downtown main street
- 3 min from downtown 7 min from ocean
- Located in upcoming community in redevelopment area and Opportunity Zone
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