705 Lake Ave - Storefront FOR SALE


Lake Worth, FL 33460- Downtown Jewel
$1,200,000 USD
561-414-8567
705 Lake Ave, Lake Worth, FL for Sale
$1,200,000 USD
Storefront - FOR SALE
1/10
null | Request Cap Rate

705 Lake Ave
Lake Worth, FL 33460
Downtown Jewel


HIGHLIGHTS

  • 2,500 SF Single-Tenant Retail Investment Portfolio in Historic Downtown Lake Worth.
  • Long-Term Popular Boutique Tenant a Local Favorite Amongst Local Artisans and Tourists.
  • Exceptional Pedestrian Traffic Fronting Lake Avenue and Lucerne Avenue amidst Historic Charm and a Vibrant Cultural Scene with Galleries and Theaters.
  • Proximity to beaches, parks, and popular attractions ensures steady foot traffic.
  • Benefits from Ample Street Parking and an Adjacent Public Parking Lot for Customer Convenience.
  • Area Hosts Annual & Monthly Events Drawing Crowds like the Street Painting Festival and Reggae Fest, Farmers Markets, Art Walks, and Street Festivals.

OVERVIEW

Lee & Associates presents an exclusive high-street retail investment storefront in the heart of vibrant Downtown Lake Worth Beach. Strategically located on the iconic Lake Avenue, this property boasts a fully leased ±2,500 SF retail storefront commanding a presence in one of South Florida’s most sought-after beach town markets. The property maintains a long term lease to a popular local treasure, Eclective, a one-of-a-kind boutique that celebrates individuality and creativity through a thoughtfully curated selection of home decor, vintage treasures, and artisan goods. With a focus on supporting local artists and independent makers, the boutique has become a community favorite, appealing to both locals and visitors seeking something truly special. Nestled in the vibrant Historic Downtown Lake Worth Beach, this portfolio enjoys unparalleled visibility and foot traffic within a walkable, pedestrian-friendly setting. Beyond its premier location, this property benefits from ample street parking and adjacency to a free public parking lots for added convenience to customers. As a focal point of Downtown Lake Worth, the area hosts a myriad of annual events, including the acclaimed Street Painting Festival and Reggae Fest, which celebrate art and Caribbean culture. Additionally, monthly highlights such as Farmers Markets, art walks, and street festivals enrich the vibrant tapestry of community life, making this locale an enticing destination for discerning businesses and investors seeking to capitalize on the dynamic energy of Downtown Lake Worth.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$480 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

CAC

APN/PARCEL ID

38-43-44-21-15-019-0190

ASK ABOUT THIS PROPERTY

C. Todd EverettLee & AssociatesMore Info
561-414-8567

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C. Todd EverettLee & AssociatesMore Info
561-414-8567

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