Property summary
This exceptional 6,536 square foot storefront, located at 2311 Broadway in Riviera Beach, Florida, presents a compelling investment opportunity. Currently vacant with an occupancy date of October 15, 2024, this single-story, Class C building sits on a substantial 19,800 square foot lot. Built in 1958, the property boasts excellent visibility and high traffic counts of 28,500 vehicles per day (VPD) due to its prime Broadway frontage. Zoned DC, Downtown Core, this location allows for high-density development, making it an ideal candidate for redevelopment or continued use as a retail space. The property offers ample on-site parking, a significant advantage in a high-traffic area. The asking price is $1,725,000, representing an owner/user investment opportunity. This property is perfect for a business seeking a high-visibility location with significant development potential in a thriving area of Riviera Beach. The building's single-unit configuration provides flexibility and ease of management. Its location within Palm Beach County, Florida, and its proximity to the city's core, ensures strong potential for future growth and return on investment. This is a rare opportunity to acquire a well-positioned retail property in a dynamic market.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
DC · Riviera Beach, FLZoning
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