2055 Palm Beach Lakes Blvd - Storefront FOR SALE


West Palm Beach, FL 33409- Palm Beach Lakes South
$4,599,000 USD
656-249-6011
2055 Palm Beach Lakes Blvd, West Palm Beach, FL for Sale
$4,599,000 USD
Storefront - FOR SALE
1/16
null | Request Cap Rate

2055 Palm Beach Lakes Blvd
West Palm Beach, FL 33409
Palm Beach Lakes South


HIGHLIGHTS

  • 2055 Palm Beach Lakes Boulevard presents a freestanding, three-lane drive-thru equipped commercial building spanning 6,496 square feet.
  • Recently renovated in 2022, this former bank branch offers a clean, modern retail space with a large open floor plan and natural light.
  • Suitable for retail, professional services, medical, or financial uses; previously occupied by regional banks and a furniture showroom supplier.
  • Visible to more than 54,000 daily passing vehicles along Palm Beach Lakes Boulevard and convenient to Interstate 95.
  • Broker fees applicable.

OVERVIEW

Welcome to West Palm Beach’s latest commercial opportunity, now available for sale, offering flexible potential for investors and owner/users. 2055 Palm Beach Lakes Boulevard is a 6,496-square-foot freestanding building featuring a three-lane drive-thru and prominent pylon and building signage. Multiple regional banks have previously occupied the property, and most recently, a commercial furniture supplier utilized the open floor plan as an expansive showroom. The building’s adaptable layout and established drive-thru infrastructure present strong repositioning or occupancy potential. There are more than 25 surface parking spaces, along with front and rear points of ingress/egress. Positioned along Palm Beach Lakes Boulevard, the property benefits from excellent visibility, high traffic counts, and convenient access to Interstate 95, major retailers, and dense residential neighborhoods. Commercial synergy is strong in the immediate area, located less than 1 mile from the Tanger Outlets of Palm Beach. Within a 3-mile radius, the population generates more than $1.3 billion in annual consumer spending, supporting long-term value and investment appeal. For an investor seeking stable income and appreciation potential or an owner/user looking to establish a flagship location, 2055 Palm Beach Lakes Boulevard offers a compelling acquisition opportunity in one of West Palm Beach’s most active commercial corridors. Inquire today to learn more.

FOR SALE DETAILS

PRICE

$4,599,000 USD

PRICE/SF

$708 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

GC, West Palm Beach

APN/PARCEL ID

74-43-43-19-10-002-0070

ASK ABOUT THIS PROPERTY

Steve FreedmanSteve FreedmanMore Info
656-249-6011

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Steve FreedmanSteve FreedmanMore Info
656-249-6011

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