$8,750,000 USD
Commercial for Sale, 2223 Palm Beach Lakes Boulevard, West Palm Beach, Florida 33409
- MLS#RX-11120696
- 8
2,527 m² (27,200 ft²)
Listed By Keller Williams Realty/P B
The Commercial Property for Sale located at 2223 Palm Beach Lakes Boulevard, West Palm Beach, Florida 33409 is currently for sale. 2223 Palm Beach Lakes Boulevard, West Palm Beach, Florida 33409 is listed for $8,750,000. This property has 8 bathrooms.
Property features
Property
- Property size:
2,527 m² (27,200 ft²) - Features: Showroom
- Location: In The City
Lot/Land
- Land/Lot size:
7,042 m² (1.74 ac)
Construction
- Year built: 1980
- Roofing: Built-Up
- Construction: Cbs ConstructionConcrete/BlockBlock
Bathrooms
- Total bathrooms: 8
Heating and Cooling
- Heating system: Electric
- Cooling system: Ceiling FanElectric
Description
The multi-tenant retail storefront is operating with two main units. The building was completely renovated between 2017-2018, roof(2018), and new HVAC's(2025).The first unit (Previously Rock Fitness : 16,000 SF) is vacant and we have had interest from prospective tenants at market rents. The second unit (Furniture Direct : 11,200 SF) is operating and has 3 years remaining on their initial 10 year lease (ending October 2028), which they would like to renew and are amenable to increase their rent to market value. They currently on a NNN lease with 4% annual increases, plus monthly CAM.The 1.74 AC : 76,230 SF Lot, zoned GC, has a wide range of permitted uses. Included but not limited to department store, religious centers, gyms, spas, multifamily, supermarkets, and recreational uses
Location
2223 Palm Beach Lakes Boulevard, West Palm Beach, Florida 33409