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Shops at Palm Harbor Units 3 & 4 - Shops at Palm Harbor 3 and 4 2,944 SF Office/Retail Condo Unit Offered at $711,919 CAD in Palm Coast, FL 32137
INVESTMENT HIGHLIGHTS
- Established Commercial Center with broad variety of other businesses (retail; medical; restaurants; services; realtors)
- Modern Interior Design includes large retail space, a service counter/bar, cash/wrap area, 3 ADA restrooms, and a separate storage area/backoffice
- Units 3 & 4, currently used as one unit, can be easily restored to 2 separate units.
- Prime vibrant central location in Palm Coast, near Palm Coast Parkway and I-95. Near to Island Walk Shopping Center, Publix, Staples, Sheriff etc.
- Flexible layout could be repurposed for multiple uses including office, retail, restaurant, health related services, or more.
- Ample shared Parking. Large front windows. Track lighting throughout.
EXECUTIVE SUMMARY
Existing double wide unit (2 units) in a well established shopping/commercial area. In excellent condition for retail, office or commercial uses including restaurant. Fully glazed frontage, large showroom with custom built ins, service area for refreshments, cash/wrap, back office and storage and 3 ADA restrooms. Within Building 1 of the Shops at Palm Harbor. The units have been operating as a retail store “Chez Jacqueline”, though the owner has decided to retire and recently closed the business. If desired the 2 units can be restored to 2 separate units.
PROPERTY FACTS
AMENITIES
- Signage
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
1 UNIT AVAILABLE
Unit 3 & 4
| Unit Size | 2,944 SF | Cap Rate | 7.62% |
| Price | $711,919 CAD | NOI | $54,231.49 CAD |
| Price Per SF | $241.82 CAD | No. Parking Spaces | 140 |
| Condo Use | Office/Retail | APN/Parcel ID | 07-11-31-7001-000A0-0073, 07-11-31-7001-000A0-0074 |
| Sale Type | Investment or Owner User |
| Unit Size | 2,944 SF |
| Price | $711,919 CAD |
| Price Per SF | $241.82 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.62% |
| NOI | $54,231.49 CAD |
| No. Parking Spaces | 140 |
| APN/Parcel ID | 07-11-31-7001-000A0-0073, 07-11-31-7001-000A0-0074 |
DESCRIPTION
The Shops at Palm Harbor is a commercial condominium of 17 individually owner-occupied or leased units in 2 one-story buildings. Total common area of just under 3 Acres includes buildings, shared parking and landscaping
SALE NOTES
Sale of 2 combined units is preferred. Seller may consider selling units separately, leasing, and/or partial seller financing. Terms negotiable. Condominium Board has final right of approval over use and purchase.
Shop Layout
Interior 1
Interior 2
Interior 3
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Chez Jacqueline |
-
|
August 2025
|
NEARBY MAJOR RETAILERS
Presented by
Glenmillan of Flagler County
Shops at Palm Harbor Units 3 & 4 - Shops at Palm Harbor 3 and 4
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