Bought with Exclusive Florida Real Estate
$2,150,000
$2,300,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
6 Baths
9,800 SqFt
SOLD DATE : 01/31/2025
Key Details
Sold Price $2,150,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,800 sqft
Price per Sqft $219
Subdivision Royal Palm Beach Business Park
MLS Listing ID RX-10992616
Sold Date 01/31/25
Construction Status Resale
Year Built 1988
Annual Tax Amount $26,367
Tax Year 2023
Lot Size 0.850 Acres
Property Description
Asking price reduced from 2.75 to 2.3 million dollars. A rare opportunity to own a 10,400 square foot, multi-tenant industrial property in the Royal Palm Beach Business Park in Royal Palm Beach. The 0.8535-acre site is improved with two industrial buildings constructed circa 1988. The property is entirely leased to several tenants. Lease terms and spaces vary thus giving the new owner several options. Highlighting the unique character of the property is an automotive repair business and small restaurant. Seller financing available. Call to make an appointment and obtain further details including an offer memorandum. Possible Seller Financing. Please do not disturb tenants. Shown by appointment only.
Location
State FL
County Palm Beach
Area 5530
Zoning IG(cit
Interior
Heating Central
Cooling Ceiling Fan, Central
Flooring Concrete, Tile, Vinyl Floor
Fireplaces Type None
Exterior
Utilities Available Electric, Municipal Water, Public Sewer, Cable
Roof Type Metal,Built-Up
Building
Story 20.00
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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