Lake Worth, FL 33460,705 Lucerne AVE
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Lake Worth, FL 33460,705 Lucerne AVE
Lake Worth, FL 33460,705 Lucerne AVE
Lake Worth, FL 33460,705 Lucerne AVE
Lake Worth, FL 33460,705 Lucerne AVE
Listed by Illustrated Properties LLC (Ma
Bought with VLC Property Group, Inc

$785,000

Est. payment /mo

$859,000

8.6%
Est.Price: ?

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705 Lucerne AVE Lake Worth, FL 33460

4 Baths

4,264 SqFt

SOLD DATE : 07/28/2017

Key Details

Sold Price $785,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,264 sqft

Price per Sqft $184

Subdivision Lake Worth Town Of

MLS Listing ID RX-10291300

Sold Date 07/28/17

Abv Grd Liv Area 16

Year Built 1946

Annual Tax Amount $12,850

Tax Year 2016

Lot Size 4,356 Sqft

Property Description

There is no NOI for this property. Property is used by the owner. Two of the storefronts are recently vacant. Incredible investment opportunity to own a building with 4 retail bays in the heart of hip and trendy downtown Lake Worth. These two Art Deco buildings (2 bays each) are directly across from the U.S. Post Office which brings significant foot traffic to your front doors. Art Deco architectural details embellish the buildings, including neon lights. Each bay is 17' X 60'. The roof was serviced 5 years ago and all A/C units are less than 5 years old. The building exterior was just painted. Shutters for all windows. Eight (8) off-street parking spaces behind the building, plus there is a large public parking lot directly adjacent to building which provides excellent parking.

Location

State FL

County Palm Beach

Area 5600

Zoning CAC(ci

Interior

Heating Central

Cooling Central

Flooring Terrazzo Floor

Fireplaces Type Smoke Alarm

Exterior

Community Features None

Utilities Available Cable, Electric, Public Sewer, Public Water, Separate Meter

Waterfront Description None

Roof Type Built-Up

Present Use None

Building

Story 100.00

Foundation CBS

Others

Security Features Burglar Alarm

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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