1422 Lucerne Avenue Lake Worth, Florida 33460, United States
The Commercial for Sale located at 1422 Lucerne Avenue Lake Worth Florida 33460 with 3 bathrooms is currently for Sale, 1422 Lucerne Avenue Lake Worth Florida 33460 is listed for $1,600,000. If the property located at 1422 Lucerne Avenue Lake Worth Florida 33460 isn't what you're looking for, search Florida Real Estate to see other Commercial for Sale in Lake Worth .
MLS#: RX-11034028
$1,600,000 USD
- Total rooms
- 3
- Minimum sellable space
- 228m² (2,458ft²)
Property features
Construction details
- Year built
- 1950
- Roofing
- Composition Roll
Area
- Property size
- 228m² (2,458ft²)
- Land/Lot size
- 1,255m² (0.31ac)
- Bathrooms
- 3
- Total rooms
- 3
- Cooling system
- ElectricCentral
- Heating system
- ElectricCentral
Description
Lake Worth Beach Development Opportunity. .31 acre parcel with Mixed Use East (MU-E) Zoning. Corner location allows for a broad range of commercial and residential applications. This district is home to a burgeoning arts scene and an array of mixed use developments projects. Potential uses include and are not limited to residential, office, retail, showroom, bakery, art studios, restaurant, personal services and more. Maximum base density for the parcel allows for 8 residential units. Incorporating specific city programs would increase density and allow for the development of up to 22 residential dwelling units. Currently an 800 sf. free standing commercial building and a 1700 sf. single family home (both CBS), with leases in place, occupy the property, generating $5700 per month.