USD 1,899,000

2032 N Dixie Hwy
West Palm Beach, Florida 33407

For Sale

Property Description

The Art Building is an 18 unit property with 12 residential units with consistently high occupancy and 6 commercial spaces. 3 of the commercial spaces are occupied by a Community Outreach office a Church and a small office. The 3 additional commercial spaces are currently occupied by the owner: 1 as a workshop for his employees and 2 as storage for all of his supplies. The owner plans on continuing to lease the workshop with the sale of the property. The Church has been a long term tenant on the property and occupy the largest unit on the 1st floor. The in place residential units are made up of 4 - 1 Bedroom 1 Bathroom units and 8 - Studios. The Art Building has had major cap ex performed in the recent years which include tiling of the interior corridor and a complete roof replacement.

Listed by MSP Group, LLC

Property Details

ID #
A11033413
Status
Sale
Type
Commercial, Industrial
Zip Code
33407
Year Built
1924
Construction
CBS Construction, Concrete Block Construction
Electric Service
220 Volts Power
Floor
Ceramic Floor
Location
Corner Lot
Occupancy
Tenant Occupied
Road Type
Divided, Interchange
Roof
Built-Up Roof
Type of Building
Apartments
Utilities
Internet
Zoning Information
CMUD TYP

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