716 Lake Ave - Storefront FOR SALE


Lake Worth, FL 33460- Downtown Jewel
$2,500,000 USD
561-414-8567
716 Lake Ave, Lake Worth, FL for Sale
$2,500,000 USD
Storefront - FOR SALE
1/12
null | Request Cap Rate

716 Lake Ave
Lake Worth, FL 33460
Downtown Jewel


HIGHLIGHTS

  • 7,460 SF vacant retail storefront in Historic Downtown Lake Worth Beach.
  • Great opportunity for Owner/User or Investors seeking to capitalize on Downtown Lake Worth's dynamic energy.
  • 77' of storefront exposure along iconic Lake 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 monthly and annual events drawing crowds like the Street Painting Festival & Reggae Fest, Farmers Markets, art walks, and street festivals.

OVERVIEW

Lee & Associates, as exclusive advisor, presents for sale a 7,460 vacant retail storefront located in the heart of Historic Downtown Lake Worth, where small beach town charm meets the vibrant cultural mosaic of a bustling, fast-paced metro market. This property offers a unique owner user or investment opportunity with a vacant storefront ready for occupancy, capitalizing on Downtown Lake Worth's dynamic energy. The property features approximately 77 feet of prime storefront exposure along the iconic Lake Avenue, commanding attention in a bustling thoroughfare renowned for its pedestrian-friendly ambiance and eclectic mix of boutique shopping, dining options, live entertainment venues, and community events, and creating an irresistible draw for locals and tourists alike. Beyond its premier location, this property benefits from ample street parking and adjacency to a free public parking lot located at the rear of the building, providing added convenience for 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

$2,500,000 USD

PRICE/SF

$357 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

716 Lake Ave - Downtown Beach Town Storefront

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

CAC

APN/PARCEL ID

38-43-44-21-15-508-0120

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.