301 SW Saint Lucie Ave
Stuart, FL 34994
Iconic Bank of Stuart Bar Restaurant Retail · Property For Lease

Take advantage of a mixed-use city icon at the heart of a burgeoning community at 301 SW Saint Lucie Avenue. The two-story, 3,510-square-foot building was the first building constructed in 1912 and the first banking institution in town. It's since been completely rebuilt in concrete in 1986, then fully gutted and renovated in 2016. The building's first floor is currently used as a wine tasting and craft beer lounge, while the second floor is designed as a two-bedroom luxury residence that can be retrofitted to meet various business needs. Organizations can build out the first floor as a restaurant, brewery, or retail space and utilize the second floor as private offices. Situated at the epicenter of Stuart's entertainment district, businesses will neighbor the historic Lyric Theater and can capitalize on Riverwalk concerts that take place every Sunday as well as monthly art festivals, which both generate high volumes of foot traffic. Business owners can also take advantage of enviable demographics that include an average household income of $95,787 within a five-mile radius. The community also boasts a projected population growth of 3.8% over the next five years within a 15-minute drive of the building and $2.5 billion of total consumer spending within the same area, 30.4% of which is spent on food and drink. Owners can also expect an increase in their consumer base due to the nearby planned addition of a Brightline train stop, which will connect passengers traveling from Orlando to Miami. The new train stop will continue to transform Stuart into a highly trafficked destination and complement the area's convenient connectivity highlighted by immediate access to US Route 1, which is within three blocks of the property. 301 SW Saint Lucie is a unique opportunity to occupy a historic icon that can be built out as desired in a budding community.