201 SW Avenue B - Freestanding FOR SALE


Belle Glade, FL 33430
$550,000 USD
843-422-1591
201 SW Avenue B, Belle Glade, FL for Sale
$550,000 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

201 SW Avenue B
Belle Glade, FL 33430


HIGHLIGHTS

  • A Corner Building with Three Tenants: A Property Retailer, A Business Services Center, and an Eat-in Take-out Restaurant.
  • Multiple Tenant retail sales: Strip Shopping Center
  • Ideal for drive-in business. Tenants on month-to-month lease agreements
  • Existing retail and restaurant income Retail tenant at 201 SW Avenue B paying $1,100/month Restaurant tenant at 116 SW 2nd Street paying $799/month
  • Potential additional rent of approximately $1,100/month from vacant unit
  • Suitable for retail, office, service, and restaurant users Diversified tenant mix

OVERVIEW

Income-producing mixed-use commercial property available in the heart of Belle Glade's established business district. Located at 201 SW Avenue B and 116 SW 2nd Street, this offering presents an opportunity to acquire a multi-tenant retail and restaurant property with existing cash flow and upside through lease stabilization. The property consists of approximately 4,630 square feet and includes retail, office, and restaurant uses. Currently, the retail space at 201 SW Avenue B is leased at $1,100 per month, while the restaurant space at 116 SW 2nd Street is leased at $799 per month. The adjacent retail space at 205 SW Avenue B is currently vacant and offers immediate leasing potential with projected rental income of approximately $1,100 per month, creating additional upside for investors. Tenants are currently operating on month-to-month lease agreements, providing flexibility for a new owner to adjust rents, renegotiate lease terms, or reposition the property to maximize value. The property's central location within Belle Glade's commercial corridor offers convenient access for customers and businesses while serving the surrounding residential population. This is an attractive opportunity for investors seeking a value-add commercial asset with existing income, leasing upside, and a diversified tenant mix in western Palm Beach County.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SW Avenue B Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,674 SF

ZONING

C2

APN/PARCEL ID

04-37-43-31-01-033-0116

ASK ABOUT THIS PROPERTY

Claude Diles Jr.Coldwell Banker Commercial Realty NRTMore Info
843-422-1591

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Claude Diles Jr.Coldwell Banker Commercial Realty NRTMore Info
843-422-1591

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