801 Lake Ave - Storefront Retail/Office FOR SALE


Lake Worth, FL 33460
$1,900,000 USD
561-662-8370
801 Lake Ave, Lake Worth, FL for Sale
$1,900,000 USD
Storefront Retail/Office - FOR SALE
1/18
null | 3.16% Cap Rate

801 Lake Ave
Lake Worth, FL 33460


HIGHLIGHTS

  • The property has a combined 134 feet of frontage on Lake Avenue and J street
  • The first floor is leased to two tenants

OVERVIEW

Since the 1920's the property has anchored the intersection of Lake Ave and J Street within the pedestrian friendly Old Town Historic District. The downtown is primarily dining, nightlife, retail. The Lake Worth Playhouse across the street draws strong crowds. The property has a combined 134 feet of frontage on Lake Avenue and J street. Lovingly restored by the present owner in 2017. The building won the historic preservation award from the city in 2018. The first floor is leased to two tenants. With combined monthly rent of $5000.00. The second floor is a shell as you can see by the photos. The downtown zoning will allow many options for buildout, residential and or commercial use. The building does have a front and back staircase.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$352 USD /SF

CAP RATE

3.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

DT

APN/PARCEL ID

38-43-44-21-15-017-0212

ASK ABOUT THIS PROPERTY

Robert D'ArinzoThe Pier Group at LPT RealtyMore Info
561-662-8370

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Robert D'ArinzoThe Pier Group at LPT RealtyMore Info
561-662-8370

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