Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
3,720
***Motivated Seller! New Roof, June 2019. Tenant is a State Funded Day Care Facility. Current lease in place is Triple Net. Landlord is responsible for the structure of the building only. Tenant is responsible for everything else. The Properties have been running as a Day Care Facility since 2016. Lease ends May 31, 2021 with an additional 5-year option to renew at 3.5% annual increases. Corner lot with full commercial kitchen and outdoor green space/playground. Parking onsite and street parking. Located two blocks from Palm Beach Lakes Boulevard, in an opportunity zone with easy access to I-95 and Downtown West Palm Beach. Owner selling 1501 Division Avenue directly across the street.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.31
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$775,000
-
Tax Amount
$1,223.53
-
Financing Options
Other
-
Sq. Footage
3,720
-
Price/SqFt
$208
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Palm Beach
Elementary School
Middle School
High School
Listing Courtesy of Susan L Thomas, Touchstone-Webb Realty Co.
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