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INVESTMENT HIGHLIGHTS
- 2,500 SF Single-Tenant Retail Investment Portfolio in Historic Downtown Lake Worth.
- Exceptional Pedestrian Traffic Fronting Lake Avenue and Lucerne Avenue amidst Historic Charm and a Vibrant Cultural Scene with Galleries and Theaters.
- Benefits from Ample Street Parking and an Adjacent Public Parking Lot for Customer Convenience.
- Long-Term Popular Boutique Tenant a Local Favorite Amongst Local Artisans and Tourists.
- Proximity to beaches, parks, and popular attractions ensures steady foot traffic.
- Area Hosts Annual & Monthly Events Drawing Crowds like the Street Painting Festival and Reggae Fest, Farmers Markets, Art Walks, and Street Festivals.
EXECUTIVE SUMMARY
Lee & Associates presents an exclusive high-street retail investment storefront in the heart of vibrant Downtown Lake Worth Beach. Strategically located on the iconic Lake Avenue, this property boasts a fully leased ±2,500 SF retail storefront commanding a presence in one of South Florida’s most sought-after beach town markets. The property maintains a long term lease to a popular local treasure, Eclective, a one-of-a-kind boutique that celebrates individuality and creativity through a thoughtfully curated selection of home decor, vintage treasures, and artisan goods. With a focus on supporting local artists and independent makers, the boutique has become a community favorite, appealing to both locals and visitors seeking something truly special.
Nestled in the vibrant Historic Downtown Lake Worth Beach, this portfolio enjoys unparalleled visibility and foot traffic within a walkable, pedestrian-friendly setting. Beyond its premier location, this property benefits from ample street parking and adjacency to a free public parking lots for added convenience to customers. As a focal point of Downtown Lake Worth, the area hosts a myriad of annual events, including the acclaimed Street Painting Festival and Reggae Fest, which celebrate art and Caribbean culture. Additionally, monthly highlights such as Farmers Markets, art walks, and street festivals enrich the vibrant tapestry of community life, making this locale an enticing destination for discerning businesses and investors seeking to capitalize on the dynamic energy of Downtown Lake Worth.
Nestled in the vibrant Historic Downtown Lake Worth Beach, this portfolio enjoys unparalleled visibility and foot traffic within a walkable, pedestrian-friendly setting. Beyond its premier location, this property benefits from ample street parking and adjacency to a free public parking lots for added convenience to customers. As a focal point of Downtown Lake Worth, the area hosts a myriad of annual events, including the acclaimed Street Painting Festival and Reggae Fest, which celebrate art and Caribbean culture. Additionally, monthly highlights such as Farmers Markets, art walks, and street festivals enrich the vibrant tapestry of community life, making this locale an enticing destination for discerning businesses and investors seeking to capitalize on the dynamic energy of Downtown Lake Worth.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
B
Year Built
1926
Price
$1,200,000
Price Per SF
$480
Tenancy
Single
Building Height
1 Story
Building FAR
0.72
Lot Size
0.08 AC
Zoning
CAC
Parking
4 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Signage
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 38-43-44-21-15-019-0190 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $513,812 |
PROPERTY TAXES
Parcel Number
38-43-44-21-15-019-0190
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$513,812
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