Price History

$887,000
7/30/2018

$1,000,000
11/12/2022

$1,100,000
8/24/2024


1620 Avenue E, West Palm Beach, FL, 33404

1620 Avenue E, West Palm Beach, FL, 33404

1966

4,146 sqft

Investment Property in the path of progress. The property has undergone extensive renovations, including Brand New Roof, Central HVAC, Interior Tile, exterior facade, Hurricane / Accordion Security Shutters and much more. Building consists of 5 units, all of which are leased to small churches. There is a waiting list to get into this property.*** OWNER IS A BROKER AND IS WILLING TO CONTINUE DOING MANAGEMENT AND LEASING FOR NEW BUYER. NOI is $52,780Full price offers only.... 6% CAP


Status:

Active

Type:

Commercial Lease

Units:

5

Zoning:

CG

Complex:

INLET GROVE IN PB 6 P 87 & PB 8 P 14

Building Type:

Commercial,Income,Office Space,Office/Retail,Retail,Shopping Center,Strip Store

Heating:

Central Individual, Electric

Cooling:

Central Individual, Electric

Levels:

1

Acreage:

0.31

Est. Taxes:

$4,443

Current Use

Income,Professional Office,Retail

Construction

Block,CBS,Concrete

Utilities

1-100 Amp,Cable,Electric,Municipal Water,Separate Meter

Lease Term Type:

1-3 Years,4-6 Years,7-10 Years,Annual,Gross Rent

Owner Pays:

Common Area Maint.,Electric,Sewer,Water

MLS #:

RX-10451867


Community Info

School Info

Walk Score

Yelp


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Listing courtesy of H. Alan Welles Real Est, LLC Phone: (561) 744-8900