202 NE 2nd St
Okeechobee, FL 34972
Palm Plaza of Okeechobee · Retail Property For Sale

13,750 SF multi-tenant retail/office building for sale to investor or owner/user. The building is “L” shaped and has 200’ of frontage on NE 2nd Street and 142’ of frontage on NE 2nd Avenue. The building was originally designed for 10 separate tenants. Currently, the the building is demised for 7 tenants. The building was built in 1999 and is steel frame construction with metal walls and metal roof system. Each of the 10 units are separately metered for electric and the building is connected to City water and sewer. There also appears to be natural gas for several tenants in the building. The property has street parking on NE 2nd Street and NE 2nd Avenue plus a 10,759 SF asphalt paved parking lot with 24 parking spaces behind the building. Generally located on the Northeast quadrant of State Road 70 and US Highway 441 in the City of Okeechobee. The building is located one block East of 441 and one block North of SR 70 fronting both NE 2nd Avenue and NE 2nd Street. These streets are very wide providing excellent visibility from both SR-70 ad US 441. Nearby businesses and offices include: CVS Pharmacy is located directly across the street to the East on the NE Corner of SR-70 and US 441. Walgreens Pharmacy is located on the NW Corner or SR-70 and US 441, the City of Okeechobee Police Department is on the South side of SR-70 and is visible from the Subject Property, The City of Okeechobee Fire Department is also on the South side of SR-70, Dunkin’ Donuts Drive through is contiguous to the South of the Subject Property fronting SR-70. Regents Bank and McDonald's are a few blocks to the East fronting SR-70. The property is currently zoned (CBD) Commercial Business District with a Future Land Use of Commercial in the City of Okeechobee. Sales Price is $875,000- only $64.00 PSF!