400 NW Avenue L - Auto Dealership FOR SALE


Belle Glade, FL 33430
$495,000 USD
954-816-0756
400 NW Avenue L, Belle Glade, FL for Sale
$495,000 USD
Auto Dealership - FOR SALE
1/14
null | Request Cap Rate

400 NW Avenue L
Belle Glade, FL 33430


HIGHLIGHTS

  • Great exposure on main thourough fare
  • Different possible uses as per zoning code
  • Possible multi use tenancy

OVERVIEW

The subject property is in the city of Belle Glade in Palm Beach County, Florida. Known for its rich agricultural heritage and unique location near lake Okeechobee. The city is approximately 45 miles west of west palm beach and is accessible via several major highways. Established in the early 20th century, the economy of Belle Glade is primarily driven by agriculture. Sugarcane, corn, lettuce, and other vegetables are major crops grown in the area. Packing plants, processing facilities, and distribution centers form a significant part of the local industry, supporting both employment and export. Car wash with four handwash and one automatic bay. All infrastructure in place Sewer and Electrical capabilities. Currently the car wash is not in use and instead the property is used as a car's sales lot, oil change and tire rotation. The subject property is rented on a yearly basis. The tenant pays $4,750 per month. If the lease agreement is renewed it will include a 5% increase based on the previous year rental rate. Other uses: Filling stations; Neighborhood stores; Business offices; Marina, bait and tackle sales; Off-street parking facilities; Motor vehicle sales only; Mobile home sales only; Motor vehicle repair services.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

B2

APN/PARCEL ID

04-37-43-31-19-000-0910

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.