REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,650,000
Est. payment | /mo
8,322 SqFt
$ 2,650,000
Est. payment | /mo
8,322 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,322 sqft
Price per Sqft $318
MLS Listing ID A11720881
HOA Y/N No
Year Built 1975
Annual Tax Amount $36,951
Lot Size 0.539 Acres
Property Description
Excellent opportunity to own this centrally located ± 8,322 SF Neighborhood Shopping Center situated on ± 23,492 SF lot in the heart of Lake Worth Beach. Location offers great visibility on a main thoroughfare. 6-units, 5 are leased with the sole vacancy being a 2nd generation restaurant. A couple of blocks from 2 newly developed mixed-use project totaling over 350 units! This multi-bay shopping center is the perfect value-add opportunity in a district that is home to a burgeoning arts scene and an array of mixed-use development projects. Sitting on almost 24,000 square foot lot on Mixed-Use Dixie Highway (MU-DH) zoning district which allows for a broad range of commercial applications as well as mixed-use higher density residential use. A must see!
Location
State FL
County Palm Beach
Area 5620
Others
Tax ID 38434416050040010
Acceptable Financing Cash
Listing Terms Cash
Listed by Avanti Way Commercial
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "