Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1948
Sq.Footage
3,096
Rare opportunity to own an income-producing mixed-use property in the heart of Downtown Lake Worth Beach! Just steps from the city's vibrant restaurants, shops, entertainment, arts and nightlife, this property offers exceptional flexibility and significant upside potential. The building features 8 total spaces, including an approximately 2,000 SF salon space plus 7 individual suites. Current rents are well below potential market rates, creating an attractive value-add opportunity for an investor or owner-user looking to increase income over time. Downtown zoning provides flexibility for a variety of potential commercial uses, while the highly walkable location benefits from strong visibility, year-round events and continued investment throughout the downtown district.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Concrete, Stucco
-
Parking
On Street
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.11
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$1,495,000
-
Tax Amount
$13,715.34
-
Financing Options
Cash, 1031 Exchange
-
Sq. Footage
3,096
-
Price/SqFt
$482
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Palm Beach
Elementary School
Middle School
High School
Listing Courtesy of Jordan Sorman, Signature International Real E
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FOUNDER
Ashley Baillio
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