Listing photo for 935 26th St, West Palm Beach, FL
Listing photo for 935 26th St, West Palm Beach, FL
Listing photo for 935 26th St, West Palm Beach, FL
Listing photo for 935 26th St, West Palm Beach, FL
Listing photo for 935 26th St, West Palm Beach, FL
Listing photo for 935 26th St, West Palm Beach, FL
Listing photo for 935 26th St, West Palm Beach, FL
Listing photo for 935 26th St, West Palm Beach, FL
Listing photo for 935 26th St, West Palm Beach, FL
Listing photo for 935 26th St, West Palm Beach, FL
Listing photo for 935 26th St, West Palm Beach, FL
Listing photo for 935 26th St, West Palm Beach, FL
Listing photo for 935 26th St, West Palm Beach, FL
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935 26th St,

West Palm Beach, FL

$325,000

The warehouse/office building consists of 1,820 square feet on a securely fenced 5,750 square foot lot. The
property is zoned Liberal I-1 Industrial Distribution by the City of West Palm Beach, which allows for most industrial
uses. The property is centrally located between North Australian Avenue and Florida State Road A1A, only 10 minutes from I-95. The tenant is currently month to month with no lease and is paying an under market rent. The property is grossing $15,900 per year, netting $13,589 per year. A new investor can re-tenant this property after closing to the conservative market rate of $13 a square foot net. The pro-forma NOI will provide an investor with a strong 6.57% capitalization rate at the full asking price of $325,000.

Facts & Features
MLS® # A10746989
Price $325,000
Bathrooms 0.00
Acres 0.00
Year Built 1950
Type Commercial Sale
Sub-Type Industrial
Status Active
Community Information
Address 935 26th St
Area 5420
City West Palm Beach
County Palm Beach County
State FL
Zip Code 33407-5314
Amenities
Is Waterfront No
Has Pool No
Interior
Fireplace No
# of Stories 1
Stories One
Additional Information
Date Listed September 26th, 2019
Days on Market 20
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office RE/MAX 5 Star Realty

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Photo of Igor Zis

Igor Zis

Office: (386) 753-7777
Cell: (386) 753-7777

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®, and is updated as of October 16th, 2019 at 8:15pm EDT (date/time).

All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Florida Homes Realty & Mortgage shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2019 MLS of MAR.

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