518 S Dixie Hwy
West Palm Beach, FL 33401
Retail Property For Sale

On behalf of ownership, the Colliers | South Florida Investment Services Team, as exclusive agent, is pleased to offer for sale 518 S Dixie Highway (the “Property”), a ±9,000 square foot mixed-use investment prominently positioned at the corner of S. Dixie Highway and Hibiscus Street in one of Palm Beach County’s most active and rapidly evolving corridors. The Property features a turnkey restaurant with a 4-COP liquor license, gourmet market retail space, and seven multifamily units, creating a diversified income profile with multiple paths to value creation. The retail and restaurant components are immaculately maintained and offer an immediate plug-and-play opportunity for an owner/user restaurateur, while also appealing to investors seeking upside through retail and residential rent. Strategically located along South Dixie Highway, the Property benefits from excellent visibility, strong traffic counts, and proximity to downtown West Palm Beach, the Intracoastal Waterway, and surrounding residential neighborhoods. The multifamily units provide mark-to-market potential, allowing a buyer to enhance cash flow over time while benefiting from continued demand driven by West Palm Beach’s ongoing redevelopment and population growth. Overall, 518 S Dixie Highway represents a rare mixed-use offering that combines a turnkey restaurant component, neighborhood-serving retail, and residential upside in a high-demand urban location.