Beach Town High Street Retail

Highlights:

• 9,745 SF Multi-Tenant Retail Investment Property in Historic Downtown Lake Worth.
• Includes a 7,000 SF vacant retail space and a 2,745 SF property fully occupied by two restaurant tenants.
• 115 feet of storefront exposure along iconic Lake 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.

Description:

Lee & Associates, as exclusive advisor, presents for sale a 9,745 multi-tenant retail investment property located in the heart of Historic Downtown Lake Worth, where small beach town charm meets the vibrant cultural mosaic of a bustling, fast-paced metro market. This combined property offers a unique investment opportunity with both vacant and occupied spaces, making it ideal for investors seeking immediate income or users looking to customize space to maximize exposure.

The contiguous property features approximately 115 feet of prime storefront exposure along the iconic Lake Avenue, commanding attention in a bustling thoroughfare renowned for its pedestrian-friendly ambiance and eclectic mix of boutique shopping, dining options, live entertainment venues, and community events, and creating an irresistible draw for locals and tourists alike. The first building, a 7,000 SF retail storefront, is currently vacant, offering flexibility for various business types. Two established restaurant tenants fully occupy the second 2,745 SF adjacent building, further diversifying the income potential.

Beyond its premier location, this property benefits from ample street parking and adjacency to a free public parking lot located at the rear of the building, providing added convenience for customers. As a focal point of Downtown Lake Worth, the area hosts a myriad of annual events, including the acclaimed Street Painting Festival and Reggae Fest, which celebrate art and Caribbean culture. Additionally, monthly highlights such as Farmers Markets, art walks, and street festivals enrich the vibrant tapestry of community life, making this locale an enticing destination for discerning businesses and investors seeking to capitalize on the dynamic energy of Downtown Lake Worth.

Located in the heart of Downtown Lake Worth fronting Lake Avenue, surrounded by vibrant cultural diversity, historic charm, and thriving artistic scene, featuring galleries, theaters, and live music venues. The area offers an eclectic mix of dining options, lively nightlife, and community events, all within walking distance of scenic beaches and parks.