Palm Beach Predefined Commercial Types
618 Us Highway 1 ,
North Palm Beach, Florida 33408 $2,890,000
|Sq.Ft: 23,200||PSF: $124.57||Type: Commercial/Investment|
Add-value opportunity. Owner currently manage & occupy 3,528sf of space & recently started marketing for lease and a few new tenants are expected to sign a lease. Owner would like to stay. The vacant space needs minimal build-out such as carpet, drywall, baseboards, paint and/or drop-ceiling tiles. 23,200sf building, 51% occupied, 65 parking spaces, masonry construction, great signage visibility, high-traffic area, commercial zoning, waterfront property with water views! Current gross income is roughly $170,000 @ ~51% occupancy. Proforma income with a 15% vacancy projection is $375,000+/year. Bldg owners occupied space is remodeled modern. Minimum average market rent is $18/$19 psf or higher depending on lease terms. Option to buy with office furniture in like-new condition.
721 Us Highway 1 217,
North Palm Beach, Florida 33408 $204,900 $210,000
|Sq.Ft: 1,200||PSF: $170.75||Type: Commercial/Investment|
Own for less than rent on this beautifully built out office condo. This unit has a reception area, four offices w/ one large office w/private bathroom and another large office has double french doors off the reception area that could also be used as a conference room and includes a nicely appointed kitchen, large storage closet, 2 bathrooms, and two separate entrances. This corner unit has wrap around hurricane impact windows the make the office light and bright, The buildout also Italian porcelain tile throughout, and French doors and is move in ready. Located on US 1 in North Palm Beach between PGA and US1, the building has easy access to everything, ample parking and HOA includes building insurance, maintenance, water and professional management. Available furnished or unfurnished.
631 Us Highway 1 401,
North Palm Beach, Florida 33408 $179,000