This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

605 S Olive Ave

7,220 SF 100% Leased Retail Building West Palm Beach, FL 33401 $10,000,000 ($1,385/SF)

Investment Highlights

  • First Time Offered!
  • Located on the Quadrille Garden District
  • 7,220 SF Single-Story Free Standing Bldg
  • Approved for 10-Story Development

Executive Summary

FIRST TIME OFFERED!
SW Corner of South Olive Avenue and Hibiscus Street - Right in the heart of the Core of downtown West Palm Beach.
Approved for 10-Story Development - Property is located in the Quadrille Garden District of West Palm Beach which has subject to approvals to build up to 10-stories and a FAR of 2.75 which translates to a building of 51,150 SF. That SF area does not include parking area, mechanical rooms, storage areas, etc...

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,220 SF
Building Class
C
Year Built
1925
Price
$10,000,000
Price Per SF
$1,385
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.43 AC
Zoning
CC3
Parking
17 Spaces
Frontage
154 FT on olive
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Amerant Bank
BankUnited
Bank of America
SoulCycle
Ruth’s Chris Steak House
BurgerFi
Capital One
Cheesecake Factory
TD Ameritrade
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
74-43-43-21-09-003-0010
Land Assessment
$3,081,375
Improvements Assessment
$783,797
Total Assessment
$2,386,215
  • Listing ID: 29452828

  • Date on Market: 9/6/2023

  • Last Updated:

  • Address: 605 S Olive Ave, West Palm Beach, FL 33401

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}