Bought with Southfields Real Estate, Inc.
$2,595,000
$2,595,000
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14 Baths
14,408 SqFt
SOLD DATE : 04/18/2017
Key Details
Sold Price $2,595,000
Property Type Other Types
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 14,408 sqft
Price per Sqft $180
Subdivision Commerce Park East
MLS Listing ID RX-10213871
Sold Date 04/18/17
Construction Status Resale
Year Built 2003
Annual Tax Amount $32,960
Tax Year 2015
Lot Size 2.400 Acres
Property Description
The Subject property is a multitenant warehouse complex located in Wellington. The property is currently 100% occupied. The current owner currently occupies 31% of the building which accounts for two units and the other five units are rented to other tenants. The current rents are below market and range anywhere from $12 to $14 per sqft current Market rents range from $15-$18 Per Sqft. The property is ideal for a investor or a end user.
Location
State FL
County Palm Beach
Area 5520
Zoning FZEC(c
Interior
Heating Central, Central Individual
Cooling Central, Central Individual, Wall-Win A/C
Flooring Ceramic Tile, Concrete, Laminate, Tile
Fireplaces Type Smoke Alarm
Exterior
Utilities Available Electric, Municipal Water, Public Water
Roof Type Concrete Tile,Flat Tile
Building
Story 100.00
Foundation Block, CBS, Concrete
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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