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Listed by Douglas Elliman
$ 8,995,000
Est. payment /mo
Price Dropped by $1.0M
2725 Hillsboro RD West Palm Beach, FL 33405
2 Baths
0.51 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Belvedere South Pl 3 Repl Pt Overlook In
MLS Listing ID RX-11054556
Year Built 1961
Annual Tax Amount $2,313,944
Tax Year 2024
Lot Size 0.510 Acres
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.
Location
State FL
County Palm Beach
Area 5430
Zoning I--INDUSTRIAL (7
Interior
Heating Other
Cooling Central
Flooring Concrete
Fireplaces Type Smoke Alarm, Smoke Detector, Sprinkler
Exterior
Utilities Available Generator
Roof Type Concrete Tile
Building
Story 100.00
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/2725-Hillsboro-Road-West-Palm-Beach-FL-33405/unbranded
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