Description
Excellent investment opportunity in trendy Northwood Area of West Palm Beach. This sale includes a total of 4 adjacent buildings containing a total of +/-7,654 SF and 7 units. The property is fully occupied with the majority of the tenants on short term leases at below market rents. There is ample on-site and street parking available. There are a number of proposed developments in the Northwood Area including the a project at the city-owned Anchor Site, at the western terminus of Northwood Road, that will include about 350 apartments as well as offices, shops and possibly a grocery store. Additionally, the City of West Palm Beach plans to invest $8 million rejuvenating Currie Park along the waterfront to the east of the subject property. Meanwhile developer Jeff Greene is planning
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0BEDS
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0.36ACRES
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0BATHS
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01/2 BATHS
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7,654SQFT
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$209$/SQFT
School Ratings & Info
Description
Excellent investment opportunity in trendy Northwood Area of West Palm Beach. This sale includes a total of 4 adjacent buildings containing a total of +/-7,654 SF and 7 units. The property is fully occupied with the majority of the tenants on short term leases at below market rents. There is ample on-site and street parking available. There are a number of proposed developments in the Northwood Area including the a project at the city-owned Anchor Site, at the western terminus of Northwood Road, that will include about 350 apartments as well as offices, shops and possibly a grocery store. Additionally, the City of West Palm Beach plans to invest $8 million rejuvenating Currie Park along the waterfront to the east of the subject property. Meanwhile developer Jeff Greene is planning