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Investment Highlights

  • Opportunity to acquire two mixed-use assets in the growing Downtown Fort Pierce market.
  • Configurations allow for retail, office, and residential uses, supporting diverse income streams.
  • Located near King’s Landing development and downtown waterfront attractions, providing strong repositioning potential.
  • Corner locations near US-1 and Orange Avenue with excellent traffic visibility and connectivity.
  • Recently modernized interiors with upgraded HVAC systems and functional layouts.
  • Situated in a walkable district surrounded by dining, retail, and community amenities that drive consistent demand.

Executive Summary

129 N 5th St is a two-story, historically significant structure featuring a versatile footprint with commercial space on the ground level and residential accommodations above. The building has been recently updated with modern HVAC systems, contemporary finishes, and enhanced security features, allowing for seamless adaptation to professional services, boutique retail, or live-work configurations.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,200 SF
Building Class
C
Year Built/Renovated
1947/2024
Price
$896,000
Price Per SF
$280
Cap Rate
7.65%
NOI
$68,515
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.82
Lot Size
0.09 AC
Zoning
GC - General Commercial
Parking
10 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
35’ on N 5th St

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Drive Thru
  • Air Conditioning
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 100
  • 1,600 SF
  • Office
  • -
  • 30 Days

Suite 100 offers a move-in ready office environment designed for productivity and comfort. The space includes a welcoming reception area, multiple private offices, and a convenient half bath. A brand-new HVAC system and two mini splits ensure optimal climate control, while automatic locking doors provide enhanced security. This suite is ideal for businesses seeking a functional and secure workspace.

  • 200
  • 1,600 SF
  • Office
  • -
  • 30 Days

Suite 200 delivers a unique office/residential combination with a spacious layout. It features a large conference or living room, a fully equipped kitchen, and two flexible offices or bedrooms. Two bathrooms and a generous balcony add convenience and comfort, making this suite perfect for those seeking a work-life balance in one location.

Space Size Space Use Position Available
100 1,600 SF Office - 30 Days
200 1,600 SF Office - 30 Days

100

Size
1,600 SF
Space Use
Office
Position
-
Available
30 Days

200

Size
1,600 SF
Space Use
Office
Position
-
Available
30 Days

100

Size 1,600 SF
Space Use Office
Position -
Available 30 Days

Suite 100 offers a move-in ready office environment designed for productivity and comfort. The space includes a welcoming reception area, multiple private offices, and a convenient half bath. A brand-new HVAC system and two mini splits ensure optimal climate control, while automatic locking doors provide enhanced security. This suite is ideal for businesses seeking a functional and secure workspace.

200

Size 1,600 SF
Space Use Office
Position -
Available 30 Days

Suite 200 delivers a unique office/residential combination with a spacious layout. It features a large conference or living room, a fully equipped kitchen, and two flexible offices or bedrooms. Two bathrooms and a generous balcony add convenience and comfort, making this suite perfect for those seeking a work-life balance in one location.

Moderately walkable
60/100
Exceptionally drivable
90/100
Moderately bikeable
60/100

Nearby Major Retailers

Anytime Fitness
Jazzercise
SouthState Bank

Property Taxes

Property Taxes

Parcel Number
24-10-607-0001-0005
Land Assessment
$44,418
Improvements Assessment
$338,910
Total Assessment
$383,328
  • Listing ID: 41176907

  • Date on Market: 7/6/2026

  • Last Updated:

  • Address: 129 N 5th St, Fort Pierce, FL 34950

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