Retail – 8,322 SF in Lake Worth Beach, FL – Value-Add Opportunity in Mixed-Use District

Category: Retail

Price:$2,650,000

Location: FL

Year Built: 1975

Days on Market: 68

Description:

Excellent opportunity to own this centrally located ± 8,322 SF Neighborhood Shopping Center situated on ± 23,492 SF lot in the heart of Lake Worth Beach. Location offers great visibility on a main thoroughfare. 6-units, 5 are leased with the sole vacancy being a 2nd generation restaurant. A couple of blocks from 2 newly developed mixed-use project totaling over 350 units! This multi-bay shopping center is the perfect value-add opportunity in a district that is home to a burgeoning arts scene and an array of mixed-use development projects. Sitting on almost 24,000 square foot lot on Mixed-Use Dixie Highway (MU-DH) zoning district which allows for a broad range of commercial applications as well as mixed-use higher density residential use. A must see!

Excellent opportunity to own this centrally located ± 8,322 SF Neighborhood Shopping Center on ± 23,492 SF lot in the heart of Lake Worth Beach.

Listing Code: 1102566468