The Waldorf Building | Investment or Owner-User Opportunity

1509 N Military Trail West Palm Beach , FL 33409

  • 6,494 Square Feet
  • Office
  • For Sale

Summary Description

Colliers International presents the Waldorf Building located in West Palm Beach on the highly trafficked Military Trail. The two-story property is fully occupied by the current owner and one additional tenant, providing sale/leaseback options to an investor or an opportunity for an owner-user. The property also generates income from the advertising billboard at the eastern border of the property that fronts Military Trail. Fully renovated in 2015, the building offers a Class A office build-out with quality finishes and is minutes to surrounding area amenities, Downtown West Palm Beach, major roadways and more. The site comprises a ±6,494 SF freestanding office building on a ±30,801 SF parcel with zoning options that include multi-family or general commercial allowing for a future redevelopment project or expansion of parking.

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Property Status: Available for Sale

Price: $1,494,600.00

Lot Size: 30801 Square Feet

Building Size: 6494 Square Feet

Area Available: 6,494 Square Feet

Features:

  • ±6,494 SF building renovated in 2015 with Class A office build-out and premium finishes
  • Oversized, paved land parcel for additional parking or development
  • Ideal for an investor or owner/user
  • Positioned on Military Trail, a major northsouth arterial road, with easy access to surrounding amenities
  • Long-term billboard revenue in-place
  • New large pylon signage at entrance
  • Minutes to Downtown West Palm Beach, Palm Beach International Airport, Interstate 95 and Florida’s Turnpike Interchanges
  • High-density multifamily zoning allows for future redevelopment opportunity
  • Asking Price: $1,494,600
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