661 US Highway 1 - Storefront Retail/Office FOR SALE


North Palm Beach, FL 33408- North Palm Beach Village
$6,250,000 USD
561-310-7888
661 US Highway 1, North Palm Beach, FL for Sale
$6,250,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | Request Cap Rate

661 US Highway 1
North Palm Beach, FL 33408
North Palm Beach Village


HIGHLIGHTS

  • High traffic area
  • Excellent Restaurant/Hospitality opportunity
  • Large site perfect for possible re-development
  • Perfect condition

OVERVIEW

Excellent North Palm Beach Opportunity! Rare opportunity to own a piece of the thriving North Palm Beach Market. This property is located in the Heart of North Palm Beach along the US Highway #1 corridor. This is a luxury commercial building with incredible access to all parts of North Palm Beach and Palm Beach County. Close to Lost Tree, Seminole Landing, Trump National Golf Course, Bear’s Club, Admiral’s Cove, Frenchman’s Creek, Frenchman’s Reserve, Old Palm, Ballenisles, and the Atlantic Ocean. Building consists of 7,225 SF, on a site consisting of 1.66 acres. Tons of parking on site. High ceilings. High quality construction. Perfect condition. This property is currently operated as a Restaurant. With zoning and the site size there are numerous use potentials for this site. Medical, ALF, Professional use, retail, Etc. Etc.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$865 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Ruth's Chris Steakhouse and Austin Rep

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

87

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

CA

APN/PARCEL ID

68-43-42-16-02-009-0070

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.