1409 10th St - Freestanding FOR SALE


Lake Park, FL 33403
$7,250,000 USD
561-929-0111
1409 10th St, Lake Park, FL for Sale
$7,250,000 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

1409 10th St
Lake Park, FL 33403


HIGHLIGHTS

  • Vacant freestanding retail building in the Lake Park / North Palm Beach corridor.
  • 21,395 SF open-span showroom layout.
  • Delivered vacant at closing.
  • Limited supply of comparable freestanding buildings in this submarket.
  • Ideal for owner-user or re-tenanting.
  • Strong frontage near Northlake Boulevard.

OVERVIEW

Freestanding retail building offered for sale with vacant possession at closing, creating an immediate owner-user or re-tenanting opportunity in the North Palm Beach / Lake Park retail corridor. The property consists of a 21,395 SF single-story building situated on a 1.33-acre site with 32 on-site surface parking spaces. The building is currently configured as a large-format furniture showroom with an open-span interior, providing a highly flexible layout that can accommodate a wide range of retail, medical, fitness, showroom, and service-based commercial uses. Zoned C1 – Business District, the site allows for a broad spectrum of commercial applications. Ownership currently occupies the building and will vacate upon sale, delivering the asset free of tenancy and ready for immediate occupancy or repositioning. Located just south of Northlake Boulevard, the property benefits from strong arterial access, surrounding residential density, and limited competing inventory of comparable freestanding retail buildings in this submarket. This offering presents a rare opportunity to acquire a fee-simple, vacant freestanding retail building in a supply-constrained Palm Beach County corridor with long-term land and redevelopment potential.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$339 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Palm Beach Market – Freestanding Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

C1

APN/PARCEL ID

36-43-42-20-04-131-0091

ASK ABOUT THIS PROPERTY

Tom PrakasPrakas & CompanyMore Info
561-929-0111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Tom PrakasPrakas & CompanyMore Info
561-929-0111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.