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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.

Attachments

602 Lucerne OM

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

NY Pizza Department
Publix
Starbucks
Nature's Way Cafe
Chase Bank
Bank of America
PNC Bank
Checkers
YMCA
Sunbelt Rentals, Inc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38-43-44-21-15-022-0210
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£909,338
  • Listing ID: 31353524

  • Date on Market: 28/03/2024

  • Last Updated:

  • Address: 604 Lucerne Ave, Lake Worth Beach, FL 33460

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