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Enrique Urdaneta

enrique.urdaneta@engelvoelkers.com +1(561) 245-0634

$ 8,995,000

Est. payment -/mo

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2725 Hillsboro RD West Palm Beach, FL

20,467 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 20,467 sqft

Price per Sqft $439

MLS Listing ID B26058215

Construction Status Resale

HOA Y/N No

Year Built 1961

Annual Tax Amount $63,435

Tax Year 2025

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type Industrial

Property Description

Current owner purchased the warehouse in January 2019 to house a private art collection. When purchased, the warehouse was shell stripped of all power. The renovation completed a year and a half later in August 2020. Renovated to Chubb's specifications, the warehouse has a new TPO roof, 10 new quiet air HVAC units, 3 commercial dehumidifiers, (Pre Action sprinkler system), all new power (600 AMPS; 3 panels/208 each), a full building natural gas generator, Carbon monoxide detection/ventilation system and an interior loading dock. 2 ADA bathrooms and an ADA entry/exit ramp. Renovation completed August 2020. The property has 4 parking spaces in front and there is an on-going lease with FLA DOT lot (adjoining the property) about 15,000 SF with a 5-year lease at $6,500/year. The Lease has a 5-year option to renew with approval from FDOT. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas.

Location

State FL

County Palm Beach

Area 5450

Zoning I—INDUSTRIAL

Interior

Interior Features InteriorFeatures

Heating Other

Cooling Central Air

Flooring Concrete

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Water Access Desc Public

Roof Type Concrete,Flat

Accessibility None

Total Parking Spaces 3

Building

Dwelling Type Industrial,Office,Warehouse

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 74434333340060050

Security Features Fire Alarm,Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/2725-Hillsboro-Road-West-Palm-Beach-FL/unbranded

Listed by Burton S. Minkoff PA Douglas Elliman

NEARBY SCHOOLS & PROPERTIES

Enrique Urdaneta

Advisor | License ID: 3308209

+1(561) 245-0634

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