Price Reduction
Address
308 S H Street, Lake Worth Beach, FL
Price
$ 2,450,000
Property Attributes
  • MLS#RX10935755
  • TypeCommercial
  • CountyPALM BEACH
  • CityLake Worth Beach
  • Area5630
  • NeighborhoodLake Worth Town Of
  • Zip33460
  • StyleIndustrial
  • Year Built1989
  • Taxes$ 14220
  • Price$ 2,450,000
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage6000
Data Source:
Beaches MLS
Property Description

***7% CAP RATE*** *Fully leased NNN Industrial Investment Opportunity! *2 Possible Scenarios: -FULLY LEASED 3 Tenants with 5-year NNN leases - PARTIALLY LEASED 2 Tenants with 5-year NNN leases *Recently renovated *Zoned: AI - Artisanal Industrial Mechanic OK

Price History
11/13/2023 Listed $2,700,000
5/22/2024 10% - $2,450,000

General Features

Construction CBS,Concrete
Heating No Heat
Cooling Wall-Win A/C
Utilities 220,Cable,Electric,Public Sewer,Public Water,Water Available
Possession At Closing
Roof Pre-Stressed,Tar/Gravel
Zoning AI - ARTISANAL
Security TV Camera
Status Active
Year Built 1989
Tenant Pays Electric,Insurance,Taxes
Subdivision LAKE WORTH TOWN OF
Stories 1.0
Type Industrial
Property Type E
Area 5630
Auction No
For Lease No
Tax Year 2023
Terms Considered Cash,Conventional,Cryptocurrency
Type of Building Automotive,Building Trades,Commercial,Industrial,Industrial / Mfg,Manufacturing-Light,Warehouse
Use Industrial
Geo Lat 26.611966
Virtual Tour https://www.propertypanorama.com/308-S-H-Street-Lake-Worth-Beach-FL-33460/unbranded
Geo Area PB16
Geo Lon -80.05822
Legal Description TOWN OF LAKE WORTH LTS 12 TO 14 INC BLK 119

Interior Features

Flooring Concrete
Ceiling Exposed
Total Number of Units 3

Exterior Features

Waterfront No
Lot Size 0.23
Property Desc 6000SF BLDG 7% CAP

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33460

Price
AVG $1.14M
$2.45M
Taxes
AVG $18,162
$14,220
Visits
AVG 274
448
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1989
Walkscore
AVG 72
88
Data Provided by Walkscore® not using MLS data

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