Ground-Floor Retail
212 S Olive Ave Mu-7 West Palm Beach, FL 33411
212 S Olive Ave Mu-7, West Palm Beach, FL, 33411
$1,650,000
For Sale
$1,650,000
Ground-floor retail with an in-place NNN tenant through 2034, offering flexibility for investors and owner-users.
Days on Market38
Property Features for 212 S Olive Ave Mu-7
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 2002
Listing agency
Keller Williams Realty - Wellington
(561) 818-6267
Listed by
Melissa Borriello · License #3417485
(561) 818-6267
Source
Elliman
Added: Jun 14 Updated: Jul 10 at 1:58PM Checked: Jul 20 at 4:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty - Wellington
Investment Insights
Based on property information with market context.
This offering is a ground-floor retail unit totaling 2,264 square feet, positioned at street level in a downtown setting. The space is currently leased under an NNN structure to a stable tenant, with the lease in place through 2034 and a five-year option. The configuration is straightforward for retail use, and the current setup may also support an owner-occupant scenario if a takeover of occupancy is pursued.
The location is at the base of the Strand building on S Olive Ave in West Palm Beach. The property is described as being in the heart of downtown, with walk and transit accessibility reflected by the provided Walk Score 37 and Transit Score 51, along with a Bike Score of 57.
For buyers or tenants evaluating retail options, the primary practical advantage is the combination of a currently leased NNN retail unit and an extended term through 2034. That structure can appeal to investors seeking income durability, while the stated possibility for owner-user occupancy provides a path for those who want to align the space with their own operations. The asset’s ground-floor format is generally well-suited to street-facing retail activity, subject to leasing and occupancy objectives.
The location is at the base of the Strand building on S Olive Ave in West Palm Beach. The property is described as being in the heart of downtown, with walk and transit accessibility reflected by the provided Walk Score 37 and Transit Score 51, along with a Bike Score of 57.
For buyers or tenants evaluating retail options, the primary practical advantage is the combination of a currently leased NNN retail unit and an extended term through 2034. That structure can appeal to investors seeking income durability, while the stated possibility for owner-user occupancy provides a path for those who want to align the space with their own operations. The asset’s ground-floor format is generally well-suited to street-facing retail activity, subject to leasing and occupancy objectives.
Key Highlights
- Ground‑floor 2,264 SF retail unit at the base of the Strand building in downtown West Palm Beach
- NNN tenant in place through 2034 with a 5‑year option
- Year built: 2002
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
La Maison de ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Ground-floor retail with an in-place NNN tenant through 2034, offering flexibility for investors and owner-users.
Where is this retail space located?
The property is located at 212 S Olive Ave Mu-7 West Palm Beach, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Ground‑floor 2,264 SF retail unit at the base of the Strand building in downtown West Palm Beach; NNN tenant in place through 2034 with a 5‑year option; Year built: 2002
