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    801 Lake Avenue

    Lake Worth Beach, FL 33460
    • $1,100,000
    • STATUS: Active
    • ON SITE: 305 days
    • ID#: RX-10560891
    $1,100,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,450
      SQFT
    • $202
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Since the 1920's the property has anchored the intersection of Lake Ave and J Street within the pedestrian friendly Old Town Historic District. The downtown is primarily dining, nightlife, retail. The Lake Worth Playhouse across the street draws strong crowds. The property has a combined 134 feet of frontage on Lake Avenue and J street.Lovingly restored by the present owner in 2017. The building has 800 Amps of electrical service and 12 tons of air-conditioning installed which are more than enough to accommodate any permitted use.The building won the historic preservation award from the city in 2018.Seller financing at 6% with a $250,000 down payment for a period of up to 24 months while the buyer finds permanent financing. Interest only with a balloon pre-payable at any time. The interest rate isn't meant to be competitive, but to allow a bridge to permanent financing.

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    www.westpalmhomesearch.com/homes/98932710
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    801 Lake Avenue Lake Worth Beach, FL 33460

    • Price: $1,100,000
    • Status: Active
    • ID#: RX-10560891
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    5,450
    SQFT
    $202
    $/SQFT
    1923
    Built
    Neighborhood:
    Lake Worth Town Of
    County:
    Palm Beach
    Area:
    Lake Worth Beach
    Property Description
    Since the 1920's the property has anchored the intersection of Lake Ave and J Street within the pedestrian friendly Old Town Historic District. The downtown is primarily dining, nightlife, retail. The Lake Worth Playhouse across the street draws strong crowds. The property has a combined 134 feet of frontage on Lake Avenue and J street.Lovingly restored by the present owner in 2017. The building has 800 Amps of electrical service and 12 tons of air-conditioning installed which are more than enough to accommodate any permitted use.The building won the historic preservation award from the city in 2018.Seller financing at 6% with a $250,000 down payment for a period of up to 24 months while the buyer finds permanent financing. Interest only with a balloon pre-payable at any time. The interest rate isn't meant to be competitive, but to allow a bridge to permanent financing.
    Exterior Features

    Construction Hollow Tile Miles To Expressway 15 Roof Comp Shingle Waterfront Description None Waterfront YN No

    Interior Features

    Bath Toilets 2.00 Ceiling Sheet Rock Ceiling Height 12 Cooling Central Flooring LaminateVinyl Floor Heating Central Percent Air Conditioned 100.00 Unit1 Half Baths 2 Unit1 Unit Desc Shops

    Property Features

    Available Docs None Available Info DrawingsPhotosTitle/ Abstract Built Desc Resale Contingents Inspection Fire Protection Smoke Detector For Lease No For Sale Yes Lease None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location City Meters 5.00 Possession At Closing Sale Includes Building And Land Special Info None Tax Amount Real Estate Taxes 10911.30 Tax Year 2018 Tenant Pays None Terms Considered CashConventionalOwner Type Of Building Office SpaceOffice/ProfessionalRetail Unit1 Units 1 Use MixedProfessional OfficeRetail Utilities 101-200 Amp220ElectricPublic SewerPublic WaterSeparate Meter

    Listing provided courtesy of Re/Max Prestige Realty/Lw. Listing information © 2020 BeachesMLS
     
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    Ryan Jennings Group at Keller Williams Realty
    12008 South Shore Blvd.
    Wellington FL, 33414