This is a very rare opportunity to acquire a Riverfront site with very wide waterfront views in the dynamic City of Stuart, Florida. The site has many possible uses including restaurant, retail, office, residential, etc. There is also the possibility to combine with adjoining properties if a larger project is desired. Seminole Street last year was approved to be part of the downtown parking waiver ordinance; this is a significant benefit to most redevelopment on Seminole. The City is supportive of redevelopment projects and business friendly.One possibility is to take advantage of the approvals in place for the attached four story six unit condominium building. There is a possibility that this could be converted to a boutique style hotel. The Downtown Boardwalk is being extended from Saint Lucie Blvd along the Seminole Street waterfront to Colorado Ave. This construction will commence very soon. These improvements inspired the recently opened Boathouse Restaurant and will inspire redevelopment of the balance of Seminole Street. Stuart Main Street and the Downtown Business Association have gone on record supporting the redevelopment efforts of Seminole along with the City Commissioners and Community Redevelopment Agency. Please see included letters.Boyd Bradfield, CCIM can assist with meetings, etc. with the City of Stuart Development Department regarding the approval process for any redevelopment and all development applications. The City is very development friendly and the time is right for Seminole Street.

Location Description:

downtown Stuart near Boathouse restaurant