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716 Lake Ave - Downtown Beach Town Storefront 716 Lake Ave 7,460 SF Retail Building Lake Worth, FL 33460 $3,439,050 CAD ($461.00 CAD/SF)



INVESTMENT HIGHLIGHTS
- 7,460 SF vacant retail storefront in Historic Downtown Lake Worth Beach.
- 77' of storefront exposure along iconic Lake Avenue, amidst historic charm and a vibrant cultural scene with galleries and theaters.
- Benefits from ample street parking and an adjacent public parking lot for customer convenience.
- Great opportunity for Owner/User or Investors seeking to capitalize on Downtown Lake Worth's dynamic energy.
- Proximity to beaches, parks, and popular attractions ensures steady foot traffic.
- Area hosts monthly and annual events drawing crowds like the Street Painting Festival & Reggae Fest, Farmers Markets, art walks, and street festivals.
EXECUTIVE SUMMARY
Lee & Associates, as exclusive advisor, presents for sale a 7,460 vacant retail storefront located in the heart of Historic Downtown Lake Worth, where small beach town charm meets the vibrant cultural mosaic of a bustling, fast-paced metro market. This property offers a unique owner user or investment opportunity with a vacant storefront ready for occupancy, capitalizing on Downtown Lake Worth's dynamic energy. The property features approximately 77 feet of prime storefront exposure along the iconic Lake Avenue, commanding attention in a bustling thoroughfare renowned for its pedestrian-friendly ambiance and eclectic mix of boutique shopping, dining options, live entertainment venues, and community events, and creating an irresistible draw for locals and tourists alike.
Beyond its premier location, this property benefits from ample street parking and adjacency to a free public parking lot located at the rear of the building, providing added convenience for customers. As a focal point of Downtown Lake Worth, the area hosts a myriad of annual events, including the acclaimed Street Painting Festival and Reggae Fest, which celebrate art and Caribbean culture. Additionally, monthly highlights such as Farmers Markets, art walks, and street festivals enrich the vibrant tapestry of community life, making this locale an enticing destination for discerning businesses and investors seeking to capitalize on the dynamic energy of Downtown Lake Worth.
Beyond its premier location, this property benefits from ample street parking and adjacency to a free public parking lot located at the rear of the building, providing added convenience for customers. As a focal point of Downtown Lake Worth, the area hosts a myriad of annual events, including the acclaimed Street Painting Festival and Reggae Fest, which celebrate art and Caribbean culture. Additionally, monthly highlights such as Farmers Markets, art walks, and street festivals enrich the vibrant tapestry of community life, making this locale an enticing destination for discerning businesses and investors seeking to capitalize on the dynamic energy of Downtown Lake Worth.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,460 SF
Building Class
C
Year Built/Renovated
1945/1985
Price
$3,439,050 CAD
Price Per SF
$461.00 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.07
Lot Size
0.16 AC
Zoning
CAC - CAC-DT-Downtown
Frontage
77’ on Lake Ave
AMENITIES
- 24 Hour Access
- Signage
- Air Conditioning
Walk Score®
Walker's Paradise (95)
Bike Score®
Biker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 38-43-44-21-15-508-0120 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,713,485 CAD |
PROPERTY TAXES
Parcel Number
38-43-44-21-15-508-0120
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,713,485 CAD
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716 Lake Ave - Downtown Beach Town Storefront | 716 Lake Ave
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