Vibrant Multi-Unit Commercial Property in the Heart of the Restaurant & Entertainment District

$1,699,999

11 North J Street, Lake Worth Beach, FL 33460

For Sale

Retail Restaurant

Active

Last Updated: 11/10/2025

Details:

Cap Rate: 7.28%

NOI: $123,720

Building Size: 3,096 sqft

Lot Area: 0.1077 acres

Occupancy: 90%

Units: 8

Year Built: 1948

Floors: 1

Offered by Broker

Kushal Marthak

Commercial Realtor

The Keyes Compan

#3632205

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Highlights:

Entertainment District - Steps from Lake Worth Beach’s restaurant, retail, and entertainment district.
3,096 SF Building – Eight commercial units offering flexible use for Office, Retail, Spa, Restaurant or Creative Workspace.
Strong Occupancy – providing steady and predictable income.
Historic Appeal – Built in 1948, showcasing classic architecture with modern functionality.
Zoned DT (Downtown District) – Flexible zoning allows for versatile business or investment use.
High Foot Traffic & Visibility – Excellent corner exposure, Walk Score® 95, and up to 10,000 vehicles per day.
Surrounded by Activity – Located amid restaurants, bars, coffee shops, boutiques, and art venues.
Year-Round Festivities – Frequent downtown events, art festivals, parades, and live entertainment attract steady crowds.
New Developments – Proximity to new luxury residential and boutique hotel projects, enhancing property value and demand.
Ideal for Owner-User or Investor – Occupy, Lease, or Reposition in a booming, walkable downtown setting.

Description:

Prime downtown Lake Worth Beach investment surrounded by restaurants, bars, shops, and annual festivals! 3,096-SF building with 8 units, 90% occupancy, and DT zoning in a high-traffic, walkable location. Close to new residential and hotel projects, this property offers income stability and exceptional growth potential in South Florida’s vibrant coastal downtown.

Vibrant Multi-Unit Commercial Property in the Heart of the Restaurant & Entertainment District

Experience the best of coastal living and downtown energy with this prime Lake Worth Beach commercial property. Featuring a 3,096-SF building with 8 units and 90% occupancy, this asset combines stable income with exceptional long-term upside. Perfectly situated in the heart of the restaurant, shopping, and entertainment district, this property benefits from unbeatable foot traffic and visibility in one of Palm Beach County’s most dynamic urban corridors.

Surrounded by trendy restaurants, boutique shops, art galleries, and lively bars, this area thrives with local culture and activity. The neighborhood hosts numerous annual festivities—including art walks, live music events, and seasonal street fairs—that continually draw thousands of visitors and boost local commerce.

Adding to the excitement, several major new developments are underway nearby, including a large-scale residential project and a new boutique hotel, both set to further enhance pedestrian flow, neighborhood vibrancy, and commercial demand.