2223 Palm Beach Lakes Boulevard
West Palm Beach, Florida

MLS#: RX-10451836

$12,000,001 USD

  • Total rooms
    20
  • Minimum sellable space
    2,533m²  (27,266ft²)
The details

Property features

Key features

  • interior canal

Construction details

  • Year built: 2007
  • Roofing: Built-Up

Other features

  • Property features: Showroom
  • Cooling system: Electric
  • Heating system: Electric Central

Area

  • Property size: 2,533m²  (27,266ft²)
  • Land/Lot size: 7,082m²  (1.75ac)
  • Bathrooms: 20
  • Total rooms: 20

Description

CURRENTLY 100% OCCUPIED HOWEVER, TENANTS BOTH HAVE DEFAULTS WHICH ALLOWS FOR MULTIPLE OPPORTUNITIES FOR OWNER-USER OR INVESTMENT. LANDLORD CAN RE-TENANT BUILDING TO QUICKLY INCREASE VALUE OF BUILDING UP TO $14,500,000 WITH A CREDIT TENANT AT MARKET RENT, BRING ONLY CASH OFFERS. 27, 500 total square feet, 16,500 SF is Leased to a Fitness Gym (Short term lease as there is a new tenant who replaced Rock Fitness and (11,000 SF) Leased to Furniture Direct(5+ locations in S. FL) The Retail property was completely renovated between 2017 - 2018 including a new roof.MINIMUM OF 16,500 SF OF BLDG CAN BE DELIVERED VACANTThe subject property is located near the intersection of Palm Beach Lakes Blvd. and Village Blvd. Next to Red Lobster and PA BBQ across the street from Twin Peaks.

Location

West Palm Beach, Florida
Courtesy of Howard Alan Welles H. Alan Welles Real Est, LLC