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255 Evernia St - The Strand 2,247 SF Retail Condo Unit Offered at $2,244,528 CAD in West Palm Beach, FL 33401
Investment Highlights
- The property offers 2,264 square feet of second-generation restaurant space.
- The space is located on the ground floor of The Strand luxury residential development.
- The property is within walking distance of Clematis Street, The Square, and the Brightline Station.
- A full commercial kitchen build-out is included, complete with hood and grease trap.
- It is surrounded by dense residential and office developments, ensuring consistent foot traffic.
- Excellent visibility is provided along Olive Avenue, a key downtown thoroughfare.
Property Facts
| Total Building Size | 453,545 SF | Typical Floor Size | 30,236 SF |
| Property Type | Multifamily (Condo) | Year Built | 2002 |
| Property Subtype | Apartment | Lot Size | 1.19 AC |
| Building Class | B | Parking Ratio | 0.88/1,000 SF |
| Floors | 15 | ||
| Zoning | CC2, West Palm Beach - Commercial | ||
| Total Building Size | 453,545 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 15 |
| Typical Floor Size | 30,236 SF |
| Year Built | 2002 |
| Lot Size | 1.19 AC |
| Parking Ratio | 0.88/1,000 SF |
| Zoning | CC2, West Palm Beach - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Security System
- Ceiling Fans
- Crown Molding
- Granite Countertops
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Sprinkler System
- Range
- Grill
- Coffee System
- Freezer
- Office
Site Amenities
- Controlled Access
- Clubhouse
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Spa
- Doorman
- On-Site Retail
- Package Service
- Storage Space
- Elevator
- Lounge
- Maintenance on site
- Sundeck
1 Unit Available
Unit Restaurant
| Unit Size | 2,247 SF | Condo Use | Retail |
| Price | $2,244,528 CAD | Sale Type | Investment |
| Price Per SF | $998.90 CAD |
| Unit Size | 2,247 SF |
| Price | $2,244,528 CAD |
| Price Per SF | $998.90 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
Description
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Sale Notes
This offering presents a rare chance to acquire a fully built-out, second-generation restaurant space in the vibrant core of Downtown West Palm Beach. Positioned on the ground floor of The Strand luxury condominium, the 2,264-square-foot unit delivers exceptional street presence along Olive Avenue. The property features a complete commercial kitchen, an elegant dining area, and upscale interior finishes, creating a turnkey solution for an owner-user or investor. Surrounded by high-rise residential towers, office buildings, and entertainment venues, the location benefits from strong pedestrian traffic and a dynamic urban environment. Its proximity to Clematis Street, The Square, and the Brightline Station further enhances accessibility and long-term value for food and beverage operators seeking a premier downtown
2nd Gen - Restaurant
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | - | 553 |
| 1+1 | 135 | - | 843 - 920 |
| 1+1.5 | 4 | - | 553 |
| 2+2 | 90 | - | 1,156 |
| 3+2 | 14 | - | 1,174 - 1,586 |
Presented by
255 Evernia St - The Strand
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