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359 10th St 6,624 SF Retail Building West Palm Beach, FL 33403 $1,904,714 CAD ($287.55 CAD/SF)
Investment Highlights
- Broad Zoning = Diverse Use Potential, Functional Outdoor Space, Prime Corner Presence & Visibility, Flexible, Income-Ready Asset
Executive Summary
359 10th Street Positioned on a prominent hard corner, this property offers a rare opportunity to acquire or lease a versatile commercial asset in the heart of Lake Park. The ±6,624 SF building sits on a 0.35-acre lot, delivering strong visibility and frontage along 10th Street—ideal for businesses seeking exposure and accessibility. A well-maintained outdoor area adds flexibility for operations or tenant use. Located one block from the signalized intersection of Park Avenue and Old Dixie Highway, the site benefits from steady traffic flow and connectivity to nearby retail and residential corridors. The building is clean, well-kept, and adaptable to a wide range of uses under Lake Park zoning, supporting pedestrian-friendly, neighborhood-serving uses. Permitted uses included but not limited to, Permitted uses: grooming, bakeries, salons, offices, retail, studios, banks, medical/dental, and small equipment repair. Within two blocks of a major mixed-use development with 595 residential units, a public parking garage and dedicated parking, the property is positioned to benefit from increased foot traffic and long-term growth. Recent upgrades include a new roof with transferable warranty and two new HVAC units (3-ton and 5-ton), minimizing near-term capital costs. Seller financing available. Also available for lease, with flexible options from approximately 3,000 to 3,700 SF. Call for pricing details.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$22,224
|
$3.36
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$22,224
|
$3.36
|
Financial Summary (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $22,224 |
| Annual Per SF | $3.36 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $22,224 |
| Annual Per SF | $3.36 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,624 SF
Building Class
C
Year Built
1971
Price
$1,904,714 CAD
Price Per SF
$287.55 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.37 AC
Zoning
C1 - Business - https://library.municode.com/fl/lake_park/codes/code_of_ordinances?nodeId=SPBLADERE_CH78ZO_ARTIIIDIRE_S78-71BUDI
Frontage
74’ on 10th St
Amenities
- 24 Hour Access
- Corner Lot
- Signage
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 36-43-42-20-01-047-0090 | Total Assessment | $852,795 CAD |
| Land Assessment | $0 CAD | Annual Taxes | $22,224 CAD ($3.36 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
36-43-42-20-01-047-0090
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$852,795 CAD
Annual Taxes
$22,224 CAD ($3.36 CAD/SF)
Tax Year
2025
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359 10th St
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