363 S Main St - Retail FOR SALE


Belle Glade, FL 33430
$265,000 USD
954-816-0756
363 S Main St, Belle Glade, FL for Sale
$265,000 USD
Retail - FOR SALE
1/3
null | 5.43% Cap Rate

363 S Main St
Belle Glade, FL 33430


HIGHLIGHTS

  • Centrally located
  • Great exposure
  • Solid construction

OVERVIEW

Value-add investment opportunity with strong potential. This solid concrete block building is in need of repairs, offering investors the chance to renovate, reposition, and maximize value through improved use or redevelopment. Durable concrete block construction, a flat roof design, and rear parking the property is currently divided into 3 units or suites and might be possible to subdivide into 4 units. Two suites downstairs which could be used as offices, retail spaces or residential- studio units. The second floor has a more spacious residential unit that has 3 bedrooms 1 full bath and 2 half baths. The electrical service is separate for all 3 and possible 4 units. Only one water meter to service all 3 units or 4 units.

FOR SALE DETAILS

PRICE

$265,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

5.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Galvez Building

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

B-2

APN/PARCEL ID

04-37-43-32-00-000-7100

ASK ABOUT THIS PROPERTY

Elizabeth StrehseCasteland Real Estate Corp.More Info
954-816-0756

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Elizabeth StrehseCasteland Real Estate Corp.More Info
954-816-0756

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