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507-509 Northwood Rd, West Palm Beach FL 33407

Commercial For Sale
$399,000

BTC: 6.00637941

ETH: 112.29219611

-$51K (2024/06/08)
26 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Seize a solid investment with remarkable current and future potential! Situated on a charming street renowned for its vibrant restaurants, boutiques, and wellness retailers. Anticipate growth with upcoming redevelopment plans that will extend the road, enhancing the trendy Northwood neighborhood eastward across North Flagler Drive towards the waterfront. Here, the Ritz-Carlton plans to build 144 ultra-luxury residences by 2027. This well-established coffee lounge presents an incredible opportunity to transform into a cigar/hookah lounge or bar with a 4COP dual license, featuring an outdoor bar, dance area, and a capacity of 100. Perfect for hosting events and parties, it can operate from 7 AM to midnight, with events extending until 2 AM.

Location

Florida • West Palm Beach • 33407 • Commercial • For Sale

Facts and features

Type:
Business Opportunity
Parking:
No Data
Year Built:
1945
Lot:
No Data
Heating:
Central Electric
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data
All facts and features

  • Heating

    • Central Electric

    Cooling

    • Central Building A/C

  • Other Property Information

    • Parcel Number: 74434309050500400

    • Zoning: NMUD TYP

  • Type and style

    • Property Type: Business Opportunity

  • Other financial information

    • Annual tax amount: $3,434

  • Source details

    • MLS ID: A11589360

    Other facts

    • Construction Materials: CBS Construction

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LG Realty Group Inc.