Home » Properties » 2402 S US Highway 1, Fort Pierce FL 34982

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Prime Mixed-Use Commercial Portfolio on US Highway 1, Fort Pierce

Explore a unique commercial opportunity featuring multiple properties and development potential along Fort Pierce’s busy US 1 corridor.

$2,599,000

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MLS #A11816508

Listing Updated: 2026-07-11 12:39:00

Listed By: BHHS EWM Realty

Overview

This mixed-use commercial portfolio includes three properties encompassing four folios in the heart of Fort Pierce, Florida. With a single-tenant NNN lease from a national retail brand and a residential triplex producing steady income, the site offers both immediate cash flow and significant future development possibilities. A vacant lot across the street is zoned for general commercial use and prepared for new construction with utilities and sidewalks in place. The location combines the convenience of established income with room to expand, ideal for buyers seeking a strategic presence along US Highway 1.

Property Highlights

Multi-parcel commercial portfolio with existing tenants and a developable vacant lot. Located on busy US 1 with utilities and sidewalks ready. Zoned C3 with plans for a 4,000 SF warehouse.

Property Details

City: Fort Pierce

State: FL

Zip Code: 34982

Address: 2402 S US Highway 1, Fort Pierce FL 34982

Year Built: 1949

Property Type: Commercial Sale

Property Sub Type: Mixed Use

Listing Office Name: BHHS EWM Realty

County: St Lucie County

Garage Spaces:

Parking Features: Common, Electric Vehicle Charging Station(s), Guest

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $4,733

Days On Market: 367 Days

Original Listing Description

Mixed-use & multi-parcel commercial portfolio in the heart of Fort Pierce. The 3 individual properties (4 folios) provides a Buyer with an opportunity to own prime real estate along the bustling US 1 corridor in Fort Pierce. Future development potential, while enjoying the existing cash flow streams generated by a single-tenant NNN Lease with a national retail brand and a residential triplex building. The portfolio also includes a vacant developable lot located across the street which is composed of 23,320 SF (0.54 acres) and is zoned C3 – General Commercial. Plans exist for a future 4,000 SF industrial warehouse/storage building. To accommodate potential future development, the lot already features a full array of underground utilities and new sidewalks. Offering Memorandum attached.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

2402 S US Highway 1, Fort Pierce FL 34982

About This Neighborhood

Located in Fort Pierce, this property sits within a vibrant commercial district along the US 1 corridor. The area blends longstanding businesses with new growth initiatives, supporting a mixed-use atmosphere that attracts both residents and entrepreneurs. Fort Pierce’s community offers a supportive setting for retail and residential uses side-by-side, making it a practical location for diverse commercial operations. Proximity to regional roadways ensures easy access for customers and staff alike, enhancing convenience and visibility in this evolving neighborhood.

Walkability & Lifestyle

Situated in a commercial corridor with developed sidewalks and amenities, this property supports pedestrian access and local mobility. Nearby, residents and employees can find a variety of dining options and retail services, contributing to a walkable urban environment. While primarily commercial, the mix of retail and residential within reach offers a lifestyle that combines convenience with the dynamic energy of Fort Pierce’s US 1 district.

Things To Do Nearby

Fort Pierce boasts easy access to waterfront activities, parks, and cultural experiences that define its coastal charm. Residents and visitors enjoy boating, fishing, and dining along the Indian River Lagoon, with entertainment and leisure options available within short drives of this US 1 location. This blend of work and play attracts a diverse community, enriching the appeal of commercial and residential properties in the area.

Nearby Schools

Fort Pierce is served by a range of educational institutions that cater to families living and working in the area. Access to nearby schools supports residential tenants in the triplex, offering convenience for those looking to balance commercial and residential needs. The community’s schools enhance neighborhood desirability and provide an added benefit for buyers considering the property for live-work or multifamily rental purposes.

Why Buyers Like This Area

Buyers are drawn to this property for its combination of immediate revenue, a prime location with strong visibility, and ready-to-develop land. The mixed-use nature caters to diverse investor profiles, from retail operators to developers. Fort Pierce's growth trajectory and evolving commercial landscape provide added confidence in the site’s long-term value and versatility.

Investment Potential

Situated along Fort Pierce's busy US Highway 1, this commercial portfolio balances current income streams with future growth opportunities. The combination of leased retail space and a triplex alongside a fully prepared vacant lot allows for flexible use and expansion. Buyers will appreciate the site’s strategic location in a growing commercial corridor, making it suitable for varied business ventures. The local zoning and infrastructure help smooth the path toward planned developments, appealing to those interested in long-term commercial real estate in South Florida.

Market Trends

Fort Pierce’s commercial real estate market is showing steady interest, especially in multi-use assets that provide both occupancy and expansion potential. Properties along major routes like US 1 benefit from consistent traffic and business diversity, reflecting the city’s ongoing development. Buyers seeking access to a balanced mix of retail, residential, and industrial zoning find this area particularly appealing. The inclusion of a vacant, development-ready lot positions the portfolio favorably within local trends favoring adaptive reuse and new construction opportunities in commercial hubs.

Rental Income Potential

This property currently benefits from a single-tenant NNN lease with a nationally recognized retail brand, supplemented by income from a residential triplex. These existing cash flow streams provide practical benefits for those considering immediate occupancy or leasing strategies. The mix of residential and commercial tenants can boost appeal amid Fort Pierce’s seasonal and local rental demand, reflecting the area's potential for consistent investor interest without reliance on speculative returns.