Bought with Coastal Classic Realty
$550,000
$600,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
1 Bath
1,711 SqFt
SOLD DATE : 10/06/2023
Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,711 sqft
Price per Sqft $321
Subdivision North Lake Worth
MLS Listing ID RX-10900709
Sold Date 10/06/23
Year Built 1968
Annual Tax Amount $7,493
Tax Year 2022
Lot Size 9,147 Sqft
Property Description
Large lot size with 100 feet of frontage on Dixie Highway. Land size is 10,000 sq ft. Large paved parking lot, 1,711 sq ft building that was built in 1968, and was outfitted for the dry cleaning business in the year 2000. Currently leased to a dry cleaning business, Cocoanut Palm Cleaners, with 2 years and 6 months left on the lease. Landlord pays taxes and insurance on the building. There is natural gas coming to the property. Great potential for this area with a lot of new developments being built in this area of Dixie Highway! The Deco Green development, located directly across the street, is a project by Office America Group which will include 121 residential units, approximately 7000 sq. ft. of retail, 1000 sq. ft. of office space and on-site parking.
Location
State FL
County Palm Beach
Area 5600
Zoning MU-DH(
Interior
Heating No Heat
Cooling Ceiling Fan
Flooring Concrete
Fireplaces Type None
Exterior
Community Features Presently Leased
Utilities Available Electric, Gas Natural, Public Sewer, Public Water, Well Water
Roof Type Other
Present Use Presently Leased
Building
Foundation CBS, Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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