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Property profile & analytics
FOR SALE
Retail space

800 Lake Ave Lake Worth, FL 33460

Property ID
US18-Q014994
Property summary
AI-generated overview

Lee & Associates presents a versatile high-street retail mixed-use investment property in the epicenter of Historic Downtown Lake Worth Beach, where small beach town charm meets a vibrant cultural mosaic of a bustling fast paced metro market. With exceptional corner frontage along iconic Lake Avenue at N J St, this property commands presence in one of South Florida’s most sought-after beach town markets. The 9,750 SF multi-tenant property with a second-floor multifamily units and ground floor marquee retail tenant spaces once occupied by one of the most popular watering holes in the neighborhood, featuring retail storefront windows, walk-In refrigerator and kitchen sink for food preparation, and small outdoor patio seating area, now vacant and ready for an Owner-User or Investor seeking upside potential. The second floor apartments can easily be converted into dynamic office suites offering ultimate tenant-mix flexibility. 9,750 SF Multi-Tenant Mixed-Use Investment Property in Historic Downtown Lake Worth. Ground Floor High Street Retail with Vacant Storefront Great for Owner-User or Investor Seeking Upside. Second Floor Apartments can be Converted to Office Suites for Ultimate Flexibility. Exceptional Corner Property with Retail Windows Fronting both Lake Ave and N J St. Corner Unit Features Walk-In Refrigerator and Kitchen Sink and Small Outdoor Patio Seating Area. Exceptional Pedestrian Traffic Fronting Lake Avenue and Lucerne Avenue. Located amidst historic charm and a vibrant cultural scene with galleries and theaters. Proximity to beaches parks and popular attractions ensures steady foot traffic. Benefits from ample street parking and an adjacent public parking lot for customer convenience. Area hosts annual events like the Street Painting Festival and Reggae Fest drawing crowds. Monthly highlights include Farmers Markets art walks and street festivals. Ideal for users and investors seeking to capitalize on Downtown Lake Worth's dynamic energy.

Property profile
Verified
Property type Retail space
UPID US18-Q014994
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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