935 26th St, West Palm Beach Property Listing: MLS® #A10746989
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Cheryl Barnes

Broker Associate, CRB, GRI

  • Office 561-455-3300
  • Cell 781-749-2992
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935 26th St, West Palm Beach, FL – $325,000

  • $325k Price
  • 322 DOM
  • $325k Price
  • 322 DOM

935 26th St

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.

Essential Information

  • MLS® #A10746989
  • Price$325,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1950
  • TypeCommercial
  • Sub-TypeIndustrial
  • StatusActive

Community Information

  • Address935 26th St
  • Area5420
  • CityWest Palm Beach
  • CountyPalm Beach County
  • StateFL
  • Zip Code33407-5314

Interior

  • # of Stories1
  • StoriesOne

Additional Information

  • Date ListedSeptember 26th, 2019
  • Days on Market322

Listing Details

  • Listing Courtesy ofRE/MAX 5 Star Realty
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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 August 13th, 2020 at 8:07pm 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 LANG REALTY 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. © 2020 MLS of MAR.

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Listing information last updated on August 13th, 2020 at 8:07pm EDT.

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