Lake Worth Autotec | 901 S Dixie Hwy
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Lake Worth Autotec 901 S Dixie Hwy
3,855 SF Retail Building Lake Worth, FL 33460 $1,995,000 ($518/SF) 8% Cap Rate
Investment Highlights
- 96 feet of direct frontage along S Dixie Hwy providing your business with maximum visibility.
- Freestanding building.
- Includes six lifts and an active dealership license.
- Close proximity to I-95.
- Four drive in bays.
Executive Summary
Seize the chance to acquire a well-established mechanic shop in the vibrant heart of Lake Worth, FL. This impressive property boasts 3,314 square feet of space situated on a 0.34-acre lot, featuring 96 feet of prime frontage along S Dixie Hwy, which experiences an impressive 20,000 vehicles per day.
Currently operated by the owner, the building will be delivered turnkey with 6 lifts which are approved by the city up until 2029 and a dealership/rental license, allowing you to easily transition into your own business venture.
Significantly, the city has recently approved plans for a two-story office building right next door, indicating a promising future for this area.
Lake Worth Beach is experiencing robust growth, with a 2024 population of 43,720—up from 42,224 in the last census—reflecting a growth rate of 0.86% annually and a 3.54% increase since 2020.
This is not just a property; it’s a strategic investment in a thriving community. Don’t miss out on this fantastic opportunity!
Currently operated by the owner, the building will be delivered turnkey with 6 lifts which are approved by the city up until 2029 and a dealership/rental license, allowing you to easily transition into your own business venture.
Significantly, the city has recently approved plans for a two-story office building right next door, indicating a promising future for this area.
Lake Worth Beach is experiencing robust growth, with a 2024 population of 43,720—up from 42,224 in the last census—reflecting a growth rate of 0.86% annually and a 3.54% increase since 2020.
This is not just a property; it’s a strategic investment in a thriving community. Don’t miss out on this fantastic opportunity!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,855 SF
Building Class
C
Year Built/Renovated
1956/1987
Price
$1,995,000
Price Per SF
$518
Cap Rate
8%
NOI
$159,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.34 AC
Zoning
HIC - High Intensity Commercial
Parking
8 Spaces (2.36 Spaces per 1,000 SF Leased)
Frontage
96 FT on S Dixie Hwy
Amenities
- Signage
Bike Score ®
Biker's Paradise (90)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 38-43-44-21-15-255-0090 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $488,129 |
PROPERTY TAXES
Parcel Number
38-43-44-21-15-255-0090
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$488,129
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Lake Worth Autotec | 901 S Dixie Hwy
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