301 Lk Ave Lake Worth, FL 33460-3906
- Office buildings
- 1,242 SF
- 0.31 lot acres
Current Use by Public Records
- Nails by Erica at Palm Beach Hair / Nail Salon
- Shear Indulgence Hair Salon / Beauty Salon
Property Details for 301 Lk Ave
- Year built
- 1973
- Construction
- CONCRETE
- Lot size
- 0.31 lot acres
- Property size
- 1,242 SF
- Zone code
- DT
- Property type
- Office buildings
- APN
- 38-43-44-21-15-027-0090
- APU
- 38434421150270090
Description
This exceptional 850-square-foot beauty salon is available for lease in the vibrant heart of Downtown Lake Worth Beach, Florida. Located at 301 Lake Avenue, zip code 33460, this single-tenant property (APN 38434421150270090) offers a turnkey opportunity for a discerning salon owner. The space boasts six styling stations, each complete with cabinetry and full-sized mirrors, ensuring a professional and efficient workflow. Two shampoo stations further enhance operational efficiency. A significant advantage is the inclusion of a new washer and dryer, adding to the convenience and functionality of the salon. The property is zoned DT(cit) and is situated within walking distance of the beach, providing unparalleled access to a high-traffic area and a desirable clientele. The monthly rent is $4,200. This well-appointed salon is ready for immediate occupancy, presenting a rare chance to establish or relocate your business in a prime Lake Worth Beach location. The total building size is 4,752 square feet, though the salon occupies only 850 square feet. The lot size is not specified. This special purpose property offers a unique opportunity for a thriving beauty business.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,440,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,580,000
- 6.5%
- $1,515,000
- 7%
- $1,440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,390,000
- Geo Method
- $1,545,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,525,000
- Retail
- $1,315,000
- Mixed-Use
- $1,655,000
- Hospitality
- $1,635,000
- Educational
- $1,790,000
- Residential Income
- $1,670,000
- Energy
- $1,340,000
- Income-Based Land
- $1,370,000
- Food Service
- $1,520,000
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0517
- Latitude
- 26.6155
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
