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605 S Olive Ave 7,220 SF 100% Leased Retail Building West Palm Beach, FL 33401 $13,959,200 CAD ($1,933.41 CAD/SF)
INVESTMENT HIGHLIGHTS
- First Time Offered!
- Located on the Quadrille Garden District
- 7,220 SF Single-Story Free Standing Bldg
- Approved for 10-Story Development
EXECUTIVE SUMMARY
FIRST TIME OFFERED!
SW Corner of South Olive Avenue and Hibiscus Street - Right in the heart of the Core of downtown West Palm Beach.
Approved for 10-Story Mixed Use Development - Property is located in the Quadrille Garden District of West Palm Beach which has subject to approvals to build up to 10-stories and a FAR of 2.75 which translates to a building of 51,150 SF. That SF area does not include parking area, mechanical rooms, storage areas, etc...
605 S Olive Avenue
West Palm Beach, Florida 33401
SW Corner of South Olive Avenue and Hibiscus Street - Right in the heart of the Core of downtown West Palm Beach.
Approved for 10-Story Mixed Use Development - Property is located in the Quadrille Garden District of West Palm Beach which has subject to approvals to build up to 10-stories and a FAR of 2.75 which translates to a building of 51,150 SF. That SF area does not include parking area, mechanical rooms, storage areas, etc...
605 S Olive Avenue
West Palm Beach, Florida 33401
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,220 SF
Building Class
C
Year Built
1925
Price
$13,959,200 CAD
Price Per SF
$1,933.41 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.43 AC
Zoning
CC3
Parking
17 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
154’ on olive
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 74-43-43-21-09-003-0010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,670,861 CAD |
PROPERTY TAXES
Parcel Number
74-43-43-21-09-003-0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,670,861 CAD
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605 S Olive Ave
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