1601 N Congress Ave - Showroom FOR SALE


West Palm Beach, FL 33409
$3,990,000 USD
561-236-2481
1601 N Congress Ave, West Palm Beach, FL for Sale
$3,990,000 USD
Showroom - FOR SALE
1/11
null | Request Cap Rate

1601 N Congress Ave
West Palm Beach, FL 33409


HIGHLIGHTS

  • 11k sf industrial warehouse with excess land
  • Fully fenced storage yard
  • Monument signage and excellent visibility
  • Redevelopment opportunity for office, retail, multifamily...
  • Permitted uses may include; automotive/vehicle repair and maintenance, dog daycare/vet, gym/fitness center among others

OVERVIEW

Gator Commercial and eXp Commercial are pleased to present an exclusive real estate opportunity for sale. This is an approximately 11,364 square foot (sf) improved CBS free standing commercial/industrial building(s) situated on a 1.84 acre lot. The main building is fully sprinklered featuring 7,458sf (estimated 2,000sf climate controlled office/retail/showroom and 5500sf warehouse) plus an attached 1,629sf of permanent covered storage space. The warehouse portion boasts 16' /- ceilings, 3 phase power and 3 roll up doors. The accessory building consists of a 550sf warehouse/office plus 1,750sf covered storage. The perimeter and storage yard are fully fenced with concrete walls. There are two above ground fuel storage tanks. There is monument signage and 400' /- of frontage on Congress Ave which generates significant exposure. The subject is situated conveniently in the heart of West Palm Beach/Palm Beach County, close to both I95 and the Florida Turnpike, just south of major thoroughfare Okeechobee Rd and just north of the Palm Beach International Airport. The property is best configured for single tenant use but multi-tenant opportunities may exist. It's zoned CG and UG through Palm Beach County and Westgate Overlay District, respectively. Value add real estate opportunities may include increasing building square footage, property redevelopment. **Please do not disturb tenant** Flyer flipbook https://www.theanalystpro.com/PackageFlipPRO/Erik_Johnson/1601_n_congress_wpb_flyer_4_2024.html

FOR SALE DETAILS

PRICE

$3,990,000 USD

PRICE/SF

$351 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

undefined, Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.84

LAND SF

80,150

ZONING

CG

APN/PARCEL ID

00-43-43-30-12-000-0210

ASK ABOUT THIS PROPERTY

Erik JohnsonGator Commercial Real Estate, LLCMore Info
561-236-2481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Erik JohnsonGator Commercial Real Estate, LLCMore Info
561-236-2481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.