527 N Dixie Hwy - Bar FOR SALE


Lake Worth, FL 33460- Tropical Ridge
$1,200,000 USD
561-523-2624
527 N Dixie Hwy, Lake Worth, FL for Sale
$1,200,000 USD
Bar - FOR SALE
1/29
null | Request Cap Rate

527 N Dixie Hwy
Lake Worth, FL 33460
Tropical Ridge


HIGHLIGHTS

  • Two adjoining commercial mixed-use parcels sold together
  • Prime Dixie Highway location in Lake Worth Beach
  • Combined lot area of approximately 9,583 square feet
  • Three freestanding buildings offering multiple-use potential
  • Existing nightclub/bar building with approximately 1,250 square feet
  • Two-story, 1,280-square-foot duplex configured as two one-bedroom units

OVERVIEW

Unique mixed-use investment opportunity offered AS-IS and sold together as one package. The property consists of two adjoining commercial mixed-use parcels totaling 9,583 square feet, with three freestanding buildings and two separate electric meters. The 527 N. Dixie Highway property features a freestanding, single-story nightclub/bar building comprising approximately 1,250 square feet, with two renovated bathrooms, electrical service, cooling, and rear and side parking. The adjoining 523 N. Dixie Highway property includes a 1,280-square-foot, two-story duplex configured with two one-bedroom units and two bathrooms. Existing improvements include interior framing, cooling ductwork, and impact windows, providing an opportunity for the new owner to complete the project. Additional features include a spacious front courtyard, rear parking, and a separate garage/storage building with an efficiency area. This distinctive property offers excellent potential for an investor, developer, or owner-user seeking multiple buildings and flexible mixed-use possibilities in a highly visible Dixie Highway location.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$364 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,701 SF

ZONING

MU-DIXIE -MIXED USE DIXIE

APN/PARCEL ID

38-43-44-21-15-148-0190,38-43-44-21-15-148-0200

ASK ABOUT THIS PROPERTY

Keith KorpiCoastal Classic RealtyMore Info
561-523-2624

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Keith KorpiCoastal Classic RealtyMore Info
561-523-2624

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