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Car lot for SALE (FOR INVESTORS)GREAT INCOME 2008 Okeechobee Blvd 2,414 SF Retail Building West Palm Beach, FL 33409 $5,025,312 CAD ($2,081.74 CAD/SF) 6.33% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Right on the main road in the heart of WPB
  • CG- Commercial General Zoning
  • Stand alone building office with 2 car lifts and fenced in yard w/storage

EXECUTIVE SUMMARY

PLEASE DO NOT GO THERE WITHOUT PERMISSION OR TALK TO ANY EMPLOYEES... (GREAT INCOME PRODUCING PROPERTY)
Amazing opportunity to be on Okeechobee Blvd in the heart of car Mecca in WPB right off the main road. Lot with very high visibility for a car dealership or an auto garage. This newly renovated property offers 2414 sq/ft of main office building with two car lift on a .86 acre fenced in lot. You have to see it to believe it. Please look at the attached documents for further uses of CG-zoning uses.
Please call Harry Vala for more information at (561)801-2509

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,414 SF
Building Class
C
Year Built
1958
Price
$5,025,312 CAD
Price Per SF
$2,081.74 CAD
Cap Rate
6.33%
NOI
$318,102 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.86 AC
Zoning
CG, West Palm Beach - General Commercial- CG
Parking
75 Spaces (5.83 Spaces per 1,000 SF Leased)
Frontage
59’ on Okeechobee Blvd

AMENITIES

  • Bus Line
  • Fenced Lot
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Storage Space
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Orangetheory Fitness
Starbucks
7 Brew Coffee
Just Salad
PDQ Chicken
United Rentals-equipment & Tool Rentals
Checkers
Denny's
Twin Peaks
Td Bank
  • Listing ID: 31206098

  • Date on Market: 2024-03-13

  • Last Updated:

  • Address: 2008 Okeechobee Blvd, West Palm Beach, FL 33409

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