4458 Purdy Lane, West Palm Beach, FL

$10,500,000

14,000

Square feet

1.00

Acre

About 4458 Purdy Lane

PRICE DROP!! Don't Miss out on this remarkable investment opportunity! Portfolio Deal, 2 Commercial Properties and a Night Club Business for sale. Zoned on Unincorporated Lots. The Rose Gentlemen's Club is currently operating from the primary property address listed. The club produces great income and has ample parking spaces. Second property located only steps away holds a diversity of businesses that generates good income as well, those businesses are not for sale. One lease in place, the rest of the tenants are month to month. The Businesses located here have been in operation for many years. Properties are centrally located. high traffic area with many customers. Please inquire for financials.Parcel 1: Rose Gentlemen's Club Nestled at 4458 Purdy Lane, this iconic establishment, built in 1971, has undergone recent upgrades, including new roofs and air conditioning systems. Boasting 7,538 SF on .61 Acres, it stands as a landmark property. The committed on-site manager ensures seamless operations. With a yearly income of $240,000 and a net income ranging from $1M to $1.4M, Parcel 1 presents a solid investment foundation. The strategic location, recent enhancements, and stable management make it an attractive proposition. Manager is willing to stay on and continue operating. Parcel 2: Diverse Commercial Retail Featuring a mix of tenants, including a stable liquor store with a formal lease, Parcel 2 adds depth to this investment portfolio. With a total yearly income of $386,000, this parcel offers versatility. The diverse tenant mix includes a Psychic Tarot Reader, Barber Shop, Upstairs Apartment, and Billboard, creating a well-rounded income stream. Whether retaining existing tenants or securing new leases, Parcel 2 provides flexibility and potential for growth. Property Can be sold separately for $2.5 Million. Overall Investment Highlights: Combined Yearly Income: $626,000 Net Income from Rose Club: $1M to $1.4M Cap Rate: 10.5% Strategic Location and Recent Upgrades: Parcel 1: 4458 Purdy Lane Parcel 2: 2298 S MILITARY TRL Seize the opportunity to own these prime parcels, strategically positioned for both immediate returns and long-term growth. Contact us now to embark on a journey of unparalleled commercial real estate success!

Commercial home for sale in West Palm Beach, FL at 4458 Purdy Lane. This Commercial home is priced at $750/sqft

Features of 4458 Purdy Lane

MLS® # RX-10957729
Price $10,500,000
Square Footage 14,000
Acres 1.00
Year Built 1971
Type Commercial
Sub-Type Income, Mixed
Style Commercial, Income, Lounge, Other, Retail
Status Active

Community Information: West Palm Beach

Address 4458 Purdy Lane
Area 5490
Subdivision ANNA JOHNS ESTATES
City West Palm Beach
County Palm Beach
State FL
Zip Code 33406

Amenities of 4458 Purdy Lane

Utilities 3-Phase Electric, Public Sewer, Public Water
Is Waterfront No

Interior of 4458 Purdy Lane

Appliances Building and Land, Inventory, License, Trade Name
Heating Central
Cooling Other, Central
# of Stories 1

Exterior of 4458 Purdy Lane

Lot Description LOUNGE/MIXED USE
Roof Mixed

Additional Information On 4458 Purdy Lane

Zoning UI
RE / Bank Owned No

Listing Details

OfficePartnership Realty Inc.

Map To 4458 Purdy Lane, West Palm Beach

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