604 Lake Avenue - Restaurant FOR SALE


Lake Worth Beach, FL 33460
$5,100,000 USD
561-310-7888
604 Lake Avenue, Lake Worth Beach, FL for Sale
$5,100,000 USD
Restaurant - FOR SALE
1/29
null | 7.5% Cap Rate

NEW


604 Lake Avenue
Lake Worth Beach, FL 33460


HIGHLIGHTS

  • Heavy Downtown Walking Traffic
  • Incredible exposure
  • High ceilings Solid building
  • Tons of Parking
  • Great Access
  • Close to beaches, town hall, and all other support facilities

OVERVIEW

**604 Lake & 601 Lucerne - Lake Worth Beach, Florida** An exceptional opportunity awaits with this prime commercial property in the heart of Downtown Lake Worth Beach. Located at 604 Lake Avenue & 601 Lucerne Avenue, this property boasts a fully equipped restaurant with a commercial building encompassing 7,064 square feet, featuring 20-foot ceilings and premium construction quality. Take advantage of owning a property that extends from Lake Avenue to Lucerne Avenue, offering ample parking space and the potential for redevelopment. With approximately 40 parking spaces, two bars, and a central location within the vibrant Downtown Lake Worth Beach Business District, this property is ideal for various commercial ventures and redevelopment projects. Don't miss out on this versatile property with endless opportunities for growth and investment. Contact us today for more information on 604 Lake Avenue & 601 Lucerne Avenue in Lake Worth Beach, Florida.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$722 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

DT

APN/PARCEL ID

38-43-44-21-15-509-0100

ASK ABOUT THIS PROPERTY

Paul SnitkinAnderson & CarrMore Info
561-310-7888

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Paul SnitkinAnderson & CarrMore Info
561-310-7888

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