Lk Ave & Lucerne Ave Lake Worth, FL 33460
Five multi-tenant retail properties in vibrant Downtown Lake Worth Beach.
Property size:
24,795 SFProperty Features for Lk Ave & Lucerne Ave
General Information
- Size
- 24,795 SF
Source:
Lee-associates
Listing Agent: C. Todd Everett, Sior
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Downtown Lake Worth Retail Portfolio
This portfolio comprises five high-street retail properties situated in the heart of Downtown Lake Worth Beach. Located on Lake Avenue and Lucerne Avenue, the properties total approximately 24,545 square feet of multi-tenant retail, office, and multifamily space. The portfolio includes 716 and 720 Lake Ave, a combined approximately 9,745 square foot multi-tenant property featuring two restaurants; 705 Lake Ave, a fully leased approximately 2,500 square foot retail storefront; 800 Lake Ave, an approximately 9,750 square foot multi-tenant property with second-floor multifamily units and tenants such as the Rhum Shak and The Sunflower Room; and 805 Lucerne Ave, an approximately 2,550 square foot retail/office property. There is approximately 7,000 square feet of unoccupied space. The properties benefit from visibility and foot traffic within a pedestrian-friendly setting. Ample street parking and adjacency to public parking lots provide customer convenience. The area hosts annual events, including the Street Painting Festival and Reggae Fest, as well as monthly Farmers Markets, art walks, and street festivals. The location is surrounded by cultural diversity, historic charm, and a thriving artistic scene with galleries, theaters, and live music venues. The area offers dining options, nightlife, and community events, all within walking distance of beaches and parks.
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0589
- Latitude
- 26.6209
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Five multi-tenant retail properties in vibrant Downtown Lake Worth Beach.
Where is this retail space located?
The property is located at Lk Ave & Lucerne Ave Lake Worth, FL.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: - Rare opportunity to acquire a generational portfolio of five high-street retail properties in the heart of vibrant Downtown Lake Worth Beach, available for the first time in over 30 years.; - Portfolio spans approximately 24,545 square feet of prime multi-tenant retail, office, and multifamily space across five buildings, offering diversified income through nine separate leasable units.; - Strategically located on Lake Avenue and Lucerne Avenue, benefiting from exceptional pedestrian traffic and unparalleled visibility in a sought-after beach town market.