Lake Worth Cottages Mural | 604 Lucerne Ave
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Lake Worth Cottages Mural 604 Lucerne Ave
4,875 SF 100% Leased Retail Building Lake Worth Beach, FL 33460 £1,955,343 (£401/SF)
Investment Highlights
- Heavy foot traffic
- Corner site, tons of exposure
- Beautiful Murals
- Primary Street in Downtown Lake Worth Beach
- Large parking lot
- Lots of upside on this investment
Executive Summary
Great opportunity in the heart of Downtown Lake Worth Beach. Tons of parking with a corner location. Exposure Exposure. Solid building has been well maintained over the years. Lots of upside potential with this investment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,875 SF
Building Class
B
Year Built/Renovated
1948/2000
Price
£1,955,343
Price Per SF
£401
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.29
Lot Size
0.39 AC
Zoning
DT - The "Downtown District" is designed for the commercial core of Lake Worth Beach, primarily along Lake and Lucerne Avenues from Golfview to the FEC RR.
Parking
30 Spaces (6.15 Spaces per 1,000 SF Leased)
Frontage
88 ft on Lucerne Avenue
Amenities
- Bus Route
- Corner Lot
- Security System
- Signage
- Air Conditioning
- Smoke Detector
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Accountant CPA
- Finance and Insurance
- 750 SF
- -
- -
- Art League
- Arts, Entertainment, and Recreation
- 1,681 SF
- -
- -
- Beauty Shop
- Service type
- 770 SF
- -
- -
- Crosby & Krebs
- -
- 750 SF
- -
- -
- Shoe Shop
- Service type
- 554 SF
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Accountant CPA | Finance and Insurance | 750 SF | - | - | ||
Art League | Arts, Entertainment, and Recreation | 1,681 SF | - | - | ||
Beauty Shop | Service type | 770 SF | - | - | ||
Crosby & Krebs | - | 750 SF | - | - | ||
Shoe Shop | Service type | 554 SF | - | - |
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (84)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 38-43-44-21-15-022-0210 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £909,338 |
PROPERTY TAXES
Parcel Number
38-43-44-21-15-022-0210
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£909,338
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Lake Worth Cottages Mural | 604 Lucerne Ave
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