$1,955,000 SALE
Office Bldg
2222 Colonial Road
Fort Pierce, FL 34950

Landmark office building. 18,228 square feet. (15,600 leasable). 100% occupied(3 tenants). Gross Income $195,192. Operating Expenses of $58,343. Current Net Operating Income of $136,849.4 bathrooms. Common use bathrooms on each floor and bathrooms in suites 100 and 200. 79 parking spaces. Owner spent approx. $30,000 upgrading the elevator in 2016/2017. A reroof was completed in 2011 for $44,000. Please see income & Expense Summary/Lease summary, roof contract, floor plans, and leases under documents tabThe CPA firm will extend current lease for 3 years-First Year- $15.70 psf($84,780 yr), 2nd Year -$16.17 psf($87,318), 3rd Year - $16.66 psf ($89,964)'

Property Type Office Bldg
Property Use Rental or Investment
Year Built 1989
Tax Year 2021
Listing ID 84ERRV
MLS ID RX-10804312
Style Office Bldg -General
Taxes $19,824
Area Description

Directions: Virginia Ave to S 13th st then to Wyoming Ave to 15th st to Pine Hollow Dr.

Property Features
Flooring: Tile
Water: City Water
Cooling: Central A/C
Sewer: City
Additional Media