129 N Federal Hwy - Storefront Retail/Office FOR SALE
Lake Worth, FL 33460 |
129 N Federal Hwy
Lake Worth, FL 33460
HIGHLIGHTS
- Value-Add Below Market Rents! Significant Upside Potential
- 100% Occupied Historic Retail & Office Building with Immediate Cash Flow
- Ground floor features the "Oldest Bar in Palm Beach County" among other popular destinations
- Built-in 1928 with masonry construction, 2 of the 3 buildings were reroofed October 2024
- Located at a signalized intersection with 220 feet of combined frontage: 120' frontage on 2nd Ave N, 100' on N Federal Hwy
- High walkability, minutes from I-95 and the beaches, Walking distance to Lake Ave & Lucerne Ave in Downtown Lake Worth!
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
The Lake Worth Commerce Centre
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
8667
STORIES
2
YEAR BUILT
1928
SPRINKLERS
-
PARKING SPACES
7
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
38-43-44-21-15-026-0090
