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418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
418 Northwood Rd
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$875,000

418 Northwood Rd

4,041 Sq.Ft.

Description

Located on the most charming & historic street, this retail property is an excellent investment opportunity for an owner/user or, lease up at the going rental rate of $22-$26 per SF for a great rate of return. Property consists of 4 separate retail bays, individually metered, with its own entry, rear exit & restroom. Currently, Owner/user property. 2 bays on East side are Antique & Art shops. 2nd two bays are occupied by “Grilled Cheese Gallery”. Onsite parking for 10 cars at rear, curbside ST. parking. Total 4,041 rentable SF, 16’ ceiling height, hurricane impact windows & doors. Roof replaced 2006. Building is CBS construction, updated electric & central A/C each unit. Lot size 6,077 SF with 75’ linear feet of frontage on Northwood Rd providing excellent visibility & great foot traffic. This is an Owner occupied building which can be delivered with the restaurant in place, two bays vacant or any other configuration desired by the new Buyer. New leases will be required for existing Tenants should they remain, or lease to new Tenants. Great upside potential.

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Location

418 Northwood Rd, West Palm Beach, FL 33407

Status

Sold
Carola Lueder

Carola Lueder

TITLE

Founder - Executive Director

Property Amenities

Interior
Flooring Concrete
Area & Lot
Lot Area 0.14 Acres
Living area 4,041 Sq.Ft.
MLS® ID F10263591
Year Built 1947
Type Commercial
Status Sold
Exterior
Stories 1
Air conditioning Central Air
Heat type Central, Exhaust Fan
Water Source Public
Security Features Smoke Detector(s)
Sewer Public Sewer
Parking Common, Free Parking, On Street
Roof Tar/Gravel
Finance
Sales Price $875,000
Real Estate Tax $11,191 yearly

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