Highlights

• This unique setup provides an excellent opportunity for an owner to have an additional income by having a tenant occupy part of the bay.
• Total Building Area is almost 30,000 sf consisting of twelve condos of various sizes.
• Condo Fees $1,688.32 per quarter $6,753.28 per year

• Quarterly Water Bill $135.00
• Real Estate Taxes 2009 $8,192

Description

This is a 2004 commercial condo that has been demised into two halves with offices in the 'street' side and warehouse areas in the rear. This unique setup provides an excellent opportunity for an owner to have an additional income by having a tenant occupy part of the bay. One side (500-A) is approx. 2,100 sf, including the mezzanine, and has a built out lunch room with an extra office. The Other side (500-B) is approx. 1,100 sf and includes 700 sf of warehouse in the rear. Both halves have separate bathrooms. There is an 800 sf air conditioned and carpeted mezzanine above the offices.

The condo has two large rollup doors in the back, unlike its neighboring condos, and the warehouse portions in the rear have 20 foot clear height.

Some present neighbors include Halsey Griffith Office Supplies, Palm Beach Copy Service, Euro Asian Blades Inc, Digi Print, an Engineering company, and Mold Solutions, Inc., OT Services, Inc. (Office Cleaning business).

The condo faces heavily-trafficked Australian Avenue and is very visible. Signage is visible from Australian. The site is very convenient to the heart of downtown West Palm Beach, and is well-situated for access from Palm Beach island as well. The complex is built on Old Okeechobee Road which is off of Mercer. Mercer intersects Australian to the north and west, and Belvedere on the south end.