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114 South Narcissus Ave 4,000 SF Retail Building West Palm Beach, FL 33401 $4,750,000 ($1,187.50/SF)
INVESTMENT HIGHLIGHTS
- Rare purchase opportunity for users and investors
- Potential to go up to 5 stories and 14,000sf with panoramic water and park views
- Significant retail/restaurant, hotel, office or mixed-use redevelopment potential
EXECUTIVE SUMMARY
114 S Narcissus Ave is located in the vibrant downtown district of West Palm Beach. It presents a rare purchase
opportunity for users and investors with significant retail/restaurant, hotel, office or mixed use redevelopment
potential. Located in the Clematis Waterfront District (CWD), the improved 4,000sf /- building has potential to go
up to 5 stories and 14,000sf with panoramic water and park views. This property is positioned in one of South
Florida's most desirable locations, offering investors the chance to capitalize on the area's ongoing growth and
transformation. Leaseback scenarios may be considered, offering flexible occupancy or investment options.
opportunity for users and investors with significant retail/restaurant, hotel, office or mixed use redevelopment
potential. Located in the Clematis Waterfront District (CWD), the improved 4,000sf /- building has potential to go
up to 5 stories and 14,000sf with panoramic water and park views. This property is positioned in one of South
Florida's most desirable locations, offering investors the chance to capitalize on the area's ongoing growth and
transformation. Leaseback scenarios may be considered, offering flexible occupancy or investment options.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
4,000 SF
Building Class
B
Year Built/Renovated
1943/2007
Price
$4,750,000
Price Per SF
$1,187.50
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.09 AC
Zoning
CC1A - CWD
Parking
7 Spaces (1.75 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 74-43-43-22-31-000-0020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,035,700 |
PROPERTY TAXES
Parcel Number
74-43-43-22-31-000-0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,035,700
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114 South Narcissus Ave
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