2223 Palm Beach Lakes Blvd, West Palm Beach

$8,805,380

0 Beds
0 Baths
27,266 Sqft
1¾ Acres
0 Garages

CURRENTLY 100% OCCUPIED HOWEVER, TENANTS BOTH HAVE DEFAULTS WHICH ALLOWS FOR MULTIPLE OPPORTUNITIES FOR OWNER-USER OR INVESTMENT. LANDLORD CAN RE-TENANT BUILDING TO QUICKLY INCREASE VALUE OF BUILDING UP TO $14,500,000 WITH A CREDIT TENANT AT MARKET RENT, BRING ONLY CASH OFFERS. 27, 500 total square feet, 16,500 SF is Leased to a Fitness Gym (Short term lease as there is a new tenant who replaced Rock Fitness and (11,000 SF) Leased to Furniture Direct(5+ locations in S. FL) The Retail property was completely renovated between 2017 - 2018 including a new roof.MINIMUM OF 16,500 SF OF BLDG CAN BE DELIVERED VACANTThe subject property is located near the intersection of Palm Beach Lakes Blvd. and Village Blvd. Next to Red Lobster and PA BBQ across the street from Twin Peaks.

Essential Information
MLS® #RX-10451836
Price$8,805,380
Square Footage27,266
Acres1.75
Year Built2007
TypeCommercial
StatusActive
Sub-Type

Retail, Professional, Office, Other

Style

Commercial, Income, Medical, Office/Retail, Restaurant, Retail, Shopping Center, Special Purpose

Community Information
Address2223 Palm Beach Lakes Blvd
Area5410
SubdivisionPALM BEACH LAKES COMM NO 3 IN
CityWest Palm Beach
CountyPalm Beach
StateFL
Zip Code33409
Utilities

3-Phase Electric, Public Sewer, Public Water, 201+ Amp, 220, Separate Meter

Waterfront

Canal Width 1 - 80, Interior Canal

Interior
AppliancesBuilding and Land, Signs
HeatingCentral, Electric
CoolingCentral Individual, Electric
# of Stories1
Exterior
Lot Description5500 SF retail/ofc
RoofOther, Built-Up, Steel Joist
ConstructionBlock, CBS, Concrete
Additional Information
Date ListedJuly 31st, 2018
Days on Market2089
ZoningStore , GC
Listing Details
OfficeH. Alan Welles Real Est, Llc
Property History
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $8,861,111 to $8,805,380
Status Changed from Price Change to Active
Status Changed from Active to Price ChangePrice Increased from $7,800,000 to $8,861,111
Show All History (26)
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Listing information last updated on April 19th, 2024 at 12:01pm EDT.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on April 19th, 2024 at 12:01pm EDT.

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