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4040 S Military Trl

2,106 SF Vacant Retail Building Lake Worth, FL 33463 $2,688,177 CAD ($1,276 CAD/SF)

Investment Highlights

  • Heavy daytime traffic

Executive Summary

2,106 SF commercial building for sale on a 25,805 SF or .5924-acre commercial lot. The building is currently approved for auto repair. The building has 728 SF of office space (28’ x 26’) on the north end of the building and there is 1,378 SF of warehouse space (53’ x 26’) on the south end of the building. The building consists of (CBS) concrete, block & stucco construction with a Twin-T concrete roof system. There are (4) 10’ wide x 12’ high overhead doors. The clear height in the warehouse is 14’. Currently, the property operates on septic with well water. Water and sewer are available on the South Side of Lake Worth Road adjacent to Jiffy Lube on the hard corner. Located on the Southeast quadrant of Lake Worth Road and South Military Trail, Palm Springs, FL in central Palm Beach County. Zoned (CG) Commercial General – Palm Springs, FL. Currently the property has a special exception for auto repair. However, current zoning allows a variety of commercial uses including, but not limited to, retail sales, medical or dental offices, financial institutions, professional or business offices or a Commercial Planned Development. Current owner will relocate upon a sale and has no plan to close the business.
Sale Price: $1,900,000
Contact: Kerry Jackson, SIOR, Vice President
Reichel Realty & Investments, Inc.
(561) 512-7512

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,106 SF
Building Class
C
Year Built
1961
Price
$2,688,177 CAD
Price Per SF
$1,276 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.18 AC
Zoning
CG - (CG) Commercial General- Palm Springs, FL
Parking
10 Spaces (4.75 Spaces per 1,000 SF Leased)
Frontage
163 ft on Military Trail

Nearby Major Retailers

Retro Fitness
IHOP
Miami Subs Grill
Bank of America
Publix Super Markets

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 70-42-44-25-08-007-0040
  • 70-42-44-25-08-007-0060
  • 70-42-44-25-08-004-0080
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$840,596 CAD
  • Listing ID: 26748105

  • Date on Market: 2022-09-30

  • Last Updated:

  • Address: 4040 S Military Trl, Lake Worth, FL 33463

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