Tropical Car Wash Mixed-Use Portfolio Specialty FOR SALE


Lake Worth, FL - Mango Groves
$2,100,000 USD
561-414-8567
, Lake Worth, FL for Sale
$2,100,000 USD
Specialty - FOR SALE
1/19
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Tropical Car Wash Mixed-Use Portfolio
Lake Worth, FL
Mango Groves


HIGHLIGHTS

  • Established 25-year Tropical Car Wash Business On-Site Included in the Sale
  • Other retail tenants include a Tint Shop and the Cozy Cottage Thrift Store
  • Adjacent residential property offers two leased residential units producing monthly income
  • 50 x 135 vacant lot at 823 N. J St. zoned for two-family development, ready with duplex construction plans
  • Mixed-use zoning offers commercial and residential flexibility for future redevelopment
  • Located in Lake Worth Beach’s walkable and vibrant downtown community, easy access to commuter rail, major highways, and Palm Beach Int'l Airport

OVERVIEW

Lee & Associates presents the Tropical Car Wash Portfolio, a dynamic investment opportunity in the charming beach town of Lake Worth Beach, Florida. This multi-faceted portfolio includes the well-established Tropical Car Wash at 824 N. Dixie Hwy, complemented by two additional retail tenants: a thriving tint shop and a quaint thrift store under a triple net lease. The car wash facility, spanning 4,735 SF on a 0.29-acre site, has a robust 25-year history and resides in a mixed-use zoning area, offering flexibility for future enhancements. Adjacent to this commercial centerpiece are two residential parcels at 819 N. J St. and 823 N. J St. The first parcel hosts a 2-bedroom/1-bath house and a rental cottage generating monthly income with tenants covering their own utilities. The second parcel is a 50x135 vacant lot, suitable for a two-story duplex with construction documents available. REQUEST ACCESS TO FULL OFFERING MEMORANDUM FOR FINANCIALS AND MORE DETAILS! Situated in the heart of Lake Worth Beach, the Tropical Car Wash Portfolio benefits from high visibility along Dixie Highway and proximity to local amenities and transportation hubs. The site is minutes from Lake Worth Beach’s vibrant downtown, a four-minute drive to the commuter rail station, and 12 minutes from Palm Beach International Airport. This walkable area boasts a solid mix of residential and commercial activity, making it a prime location for diverse income streams and long-term appreciation.

ASK ABOUT THIS PROPERTY

C. Todd EverettLee & AssociatesMore Info
561-414-8567

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C. Todd EverettLee & AssociatesMore Info
561-414-8567

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