409 Lake Ave - Storefront FOR SALE


Lake Worth, FL 33460
$3,995,000 USD
561-716-8090
409 Lake Ave, Lake Worth, FL for Sale
$3,995,000 USD
Storefront - FOR SALE
1/3
null | 2.2% Cap Rate

409 Lake Ave
Lake Worth, FL 33460


HIGHLIGHTS

  • Offers long term income via continued income stream with existing Tenants or potential redevelopment for mixed-use, multi-story residential building.
  • Sits directly across from the town green and City Hall in highly desirable Lake Worth Beach, FL
  • Minutes from the intracoastal waterway and I95
  • Incredible opportunity to buy in upcoming Lake Worth one block from the Intracoastal

OVERVIEW

This well located, amazing parcel sits directly across from the town green and City Hall in highly desirable Lake Worth Beach, FL. Minutes from the intracoastal waterway and I95, this prime piece of real estate offers long term income via continued income stream with existing Tenants or massive potential redevelopment of a mixed use, multi story residential building. Lot Size approx. 140' x 135'

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$409 USD /SF

CAP RATE

2.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

CAC

APN/PARCEL ID

38-43-44-21-15-025-0060

ASK ABOUT THIS PROPERTY

Chris NicotraApollo Investment & Real Estate Holdings LLCMore Info
561-716-8090

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Chris NicotraApollo Investment & Real Estate Holdings LLCMore Info
561-716-8090

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