605 S Olive Ave - Storefront FOR SALE


West Palm Beach, FL 33401
$10,000,000 USD
561-389-0315
605 S Olive Ave, West Palm Beach, FL for Sale
$10,000,000 USD
Storefront - FOR SALE
1/10
null | Request Cap Rate

605 S Olive Ave
West Palm Beach, FL 33401


HIGHLIGHTS

  • First Time Offered!
  • 7,220 SF Single-Story Free Standing Bldg
  • Located on the Quadrille Garden District
  • Approved for 10-Story Development

OVERVIEW

FIRST TIME OFFERED! SW Corner of South Olive Avenue and Hibiscus Street - Right in the heart of the Core of downtown West Palm Beach. Approved for 10-Story Development - Property is located in the Quadrille Garden District of West Palm Beach which has subject to approvals to build up to 10-stories and a FAR of 2.75 which translates to a building of 51,150 SF. That SF area does not include parking area, mechanical rooms, storage areas, etc...

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$1,385 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

CC3

APN/PARCEL ID

74-43-43-21-09-003-0010

ASK ABOUT THIS PROPERTY

William B. ReichelReichel Realty & Investments, Inc.More Info
561-389-0315

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William B. ReichelReichel Realty & Investments, Inc.More Info
561-389-0315

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