502 SE Martin Luther King Jr Boulevard, Stuart, FL 34994
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Last Updated: 9/22/2019 3:32 PM
Description for
502 SE Martin Luther King Jr Boulevard
Stuart, FL 34994
COMMERCIAL PLAZA. Small complex totals 3397 sq ft divided into 7 units. Each Unit has private bath, however, the largest unit has 2 baths (new ADA Compliant/permitted by City of Stuart). Zoning is Mixed Use. Existing Convenience Store, Barber Shop, Professional Office, Commercial Kitchen/Take Out Restaurant. Unit A: 1192 sf, Unit B: 504 sf, Unit C: 506 sf, Unit D: 508sf, Unit E: 510 sf, Unit F: 512 sf, Unit G: 514 sf. All Units have separate Electric Meters. Single Water Meter for all units plus a second unused water meter is available. Roof Replaced 2008. Building Remodeled 2006. CBS, Fiberglass Shingle Roof. City Water and Sewer. On site parking plus property has permit to use 21 more parking spaces from City. Tenants Month to Month. Some units vacant, owner not renewing leases, to facilitate sale. The largest unit now has just obtained permit from City to Sell Beer & Wine as a convenience store which should be attractive to new owner. See Supplements attached
Price
$339,000
Lincoln Park
Martin
M20019742
Active
Description
COMMERCIAL PLAZA. Small complex totals 3397 sq ft divided into 7 units. Each Unit has private bath, however, the largest unit has 2 baths (new ADA Compliant/permitted by City of Stuart). Zoning is Mixed Use. Existing Convenience Store, Barber Shop, Professional Office, Commercial Kitchen/Take Out Restaurant. Unit A: 1192 sf, Unit B: 504 sf, Unit C: 506 sf, Unit D: 508sf, Unit E: 510 sf, Unit F: 512 sf, Unit G: 514 sf. All Units have separate Electric Meters. Single Water Meter for all units plus a second unused water meter is available. Roof Replaced 2008. Building Remodeled 2006. CBS, Fiberglass Shingle Roof. City Water and Sewer. On site parking plus property has permit to use 21 more parking spaces from City. Tenants Month to Month. Some units vacant, owner not renewing leases, to facilitate sale. The largest unit now has just obtained permit from City to Sell Beer & Wine as a convenience store which should be attractive to new owner. See Supplements attached
Listing Information
Lincoln Park
Public Water Service
Public Sewer, Sewer Connected
220v Service, Electric, Water
1 Total
Neighborhood
Room Information
Interior Features
Electric, Window/Wall Unit
Exterior / Lot Features
Concrete, Fiberglass
None
50X120
Driving Directions
On Martin Luther King Blvd, Located Between Palm Beach Road and Colorado in Downtown Stuart, just a couple Blocks from City Police Department and the City Fire Department, Across Road from Stuart Middle School
Financial Considerations
Market Trends and Price History
Current market conditions for 502 SE Martin Luther King Jr Boulevard
Active Market Trends
Source: MLS DATA
Median list price$312,500Days on market108Properties for sale275Sold Market Trends
Source: MLS DATA
Median sold price$173,200Sales to list price94.6%Properties sold100Median sq ft price$151 Arrows indicate 90 day trendListing Price History
 Stuart Real EstateStuart is located in Florida. Stuart, Florida 34994 has a population of 15,672. The median household income in Stuart, Florida 34994 is $36,524. The median household income for the surrounding county is $48,294 compared to the national median of $49,877. The median age of people living in Stuart 34994 is 52 years.
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Courtesy: Berkshire Hathaway Florida Realty
This content last refreshed on 9/22/2019 3:32 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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