- List Price
- $8,861,111
- Price Change
-  $2,605,754
- MLS#
- RX-10451836
- Status
- Active
- Type
- Commercial
- Building Name
- City
- West Palm Beach
- Bedrooms
- Full Bathrooms
- Half Bathrooms
- Year Built
Property Description
7.02 CAP, CURRENTLY 100% OCCUPIED HOWEVER, DUE TO COVID TENANTS ARE PAYING LOWER RENTS FOR A SHORT TIME AND ARE NOT PAYING PER LEASE AGREEMENT WHICH ALLOWS FOR MULTIPLE OPPORTUNITIES FOR OWNER-USER OR INVESTMENT. BRING ALL CASH OFFERS. 27, 500 SF (16,500 SF) Leased to Rock Fitness Gym (GYM HAS LEGAL RENT STIPULATION AND IF NOT FOLLOWED WILL BE REMOVED VIA COURT ORDER WITHOUT ANY FURTHER HEARINGS) and (11,000 SF) Leased to Furniture Direct (5 locations in S. FL) Both tenants have new 10+ year leases with options. The Retail property was completely renovated between 2017 - 2018 including a new roof.
Additional Information
- Area
- 5410
- Zoning
- Store , GC
- Taxes
- $50,034
- Tax Year
- 2017
- Parcel Id
- 74434319110000030
- Legal Description
- PALM BEACH COMMERCIAL PL 3 LTS 3 & 4
- Carport Spaces
- 3
- List Price Sqft
- $325
- Source
- BEA

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