210-212 US Highway 1
North Palm Beach, Florida
Building
Stats
- Property Type Retail - Street Retail
- Year built 1977
- Building size (SF) 6,480
- Size (Ac) 0.44
- Price $1,850,000
- Zoning C1 - Neighborhood Commercial
Overview
Avison Young is pleased to offer 210-212 US Highway 1, North Palm Beach a newly renovated, 6,480 square foot two tenant retail building located in the affluent coastal community of North Palm Beach. This offering will provide a steady income stream backed by two tenants with a long and successful operating history. In addition, the prospective buyer will enjoy long term appreciation in a market that is growing and yet to see it’s full potential.
Highlights
Unique opportunity to buy a stable cash flowing investment property in the affluent city of North Palm Beach
The entire building and parking lot was recently renovated.
Prominent visibility along the highly trafficked US Highway 1 corridor
New long term leases with annual increases
Leases are with service-based tenants which are resistant to E-Commerce.
Multiple residential projects in the pipeline within close proximity
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