3801 10th Avenue N

    Palm Springs, FL 33461
    • $1,399,000
    • STATUS: Active
    • ON SITE: 61 days
    • ID#: RX-10597043
    $1,399,000
    • 0
      BEDS
    • 0.81
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,286
      SQFT
    • $265
      $/SQFT
    Type:
    Commercial
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Description

    Two separate parcels with two buildings for sale. Total square footage 5,286. Building one is a 3,434 free standing building leased to a successful sports bar and grill. Building two is 1,852 of office space. Building two is fully leased. The property can be sold with tenants and long term leases or possibly without if a buyer prefers that way. Seller open to buying out existing leases or exercising right of cancellation of same for the right buyer. Please DO NOT disturb tenants. Showings by Appointment only. Please drive by and view the property from the exterior for an understanding of the condition. Being sold as 7% cap rate for investor. Could be turned into a 9% or 10% cap rate with new leases and increased rents.

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    © 2020 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2020 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-04-02T00:02:32.933.
    www.daltonwadesouthflorida.com/homes/102807112

    3801 10th Avenue N Palm Springs, FL 33461

    • Price: $1,399,000
    • Status: Active
    • ID#: RX-10597043
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.81
    Acres
    5,286
    SQFT
    $265
    $/SQFT
    1963
    Built
    Neighborhood:
    Two Buildings, Two Parcels, Both included And Must Be Sold Together.
    County:
    Palm Beach
    Area:
    Palm Springs
    Property Description
    Two separate parcels with two buildings for sale. Total square footage 5,286. Building one is a 3,434 free standing building leased to a successful sports bar and grill. Building two is 1,852 of office space. Building two is fully leased. The property can be sold with tenants and long term leases or possibly without if a buyer prefers that way. Seller open to buying out existing leases or exercising right of cancellation of same for the right buyer. Please DO NOT disturb tenants. Showings by Appointment only. Please drive by and view the property from the exterior for an understanding of the condition. Being sold as 7% cap rate for investor. Could be turned into a 9% or 10% cap rate with new leases and increased rents.
    Exterior Features

    Roof Other Waterfront YN No

    Interior Features

    Bath Toilets 3.00 Cooling CentralCentral Building Flooring Other Heating CentralCentral BuildingElectric Percent Air Conditioned 100.00

    Property Features

    Available Docs None Available Info None Built Desc Resale Fire Protection Smoke Detector For Lease No For Sale Yes Lease None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Meters 2.00 Possession At Closing Sale Includes Building And LandEquipmentFixturesFurnitureSigns Special Info Presently LeasedUse Conforms To Zone Tax Amount Real Estate Taxes 17529.00 Tax Year 2019 Tenant Pays Common Area Maint.InsuranceRepairsTaxes Terms Considered CashConventional Type Of Building CommercialFree StandingIncomeOffice/ProfessionalOffice/RetailOtherRestaurantRetail Use IncomeOtherRetail Utilities CableElectricPublic Sewer

    Listing provided courtesy of Florida Realty Brokers Inc..

    © 2020 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2020 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-04-02T00:02:32.933.
     
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