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$2,650,000
Est. payment /mo
8,322 SqFt
UPDATED:
01/10/2025 10:00 PM
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 Sub-Type Retail
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
Exterior
Private Pool Yes
Others
Tax ID 38434416050040010
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11720881
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Listed by Avanti Way Commercial