5112 Georgia Avenue, West Palm Beach, FL 33405
$7,000,000
Property Type:
Comm/Industry
Baths:
4
Square Footage:
31,614
Status:
Closed
Current Price:
$7,000,000
Last Modified:
12/24/2024
Description
This unique opportunity doesn't occur often. Don't miss out on this very rare & important property being offered for sale on the market. Approximately 1.243 Acre, totaling 54,145 sq ft, making it the largest parcel located on the highly sought after Georgia Avenue corridor, within the heartbeat of the local community, attracting designers, contractors, antique shops, restaurants... The main building has over 27,700 sq ft & features a large reception area, conference rm, 9 offices, & warehouse w/4 roll up garage doors plus 1 barn door, and a quonset hut on the south side with over 3,800 sq ft., 1 roll up garage door, w/plenty of parking. Being sold with or without over 2 dozen wood working machines to create high end custom doors, mouldings, cabinets and so much more.
Supplements: Located just minutes from Palm Beach Island, Publix, shopping, dining, I95, and everywhere you want to be.
More Information MLS# RX-11023503
Contract Information
Status: Closed
Original List Price: 9500000
Auction: No
Sold Price: $7,000,000
Current Price: $7,000,000
List Price/Bldg SqFt: 300.49
Listing Date: 2024-09-23
Negotiable Seller Concessions YN: No
General Property Description
Type: Industrial
For Sale: Yes
For Lease: No
Property Desc: Sale Industrial
Subdivision: SOUTHBORO PARK
Year Built: 1946
SqFt - Living: 31614
SqFt Source: Tax Rolls
# of Stories: 1
Total Units: 2
Baths - Total: 4
Acres: 1.24
% Air Conditioned: 20
Waterfront: No
Location Tax Legal
Area: 5430
County: Palm Beach
Parcel ID: 74434404130000230
Street #: 5112
Street Name: Georgia
Street Suffix: Avenue
Zip Code: 33405
Legal Desc: SOUTHBORO PARK LTS 23 THRU 30, LT 30A, LTS 31 THRU 38, LT 38A & LTS 39 & 40
Geo Lat: 26.667416
Geo Lon: -80.058556
Status Change Info
Under Contract Date: 2024-09-23
Sold Date: 2024-12-19
Sold Price: $7,000,000
Terms of Sale: Conventional
Sold Price/Bldg SqFt: 221.42
Building Info
# of Offices: 9
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Use: Industrial
Type of Building: Commercial; Free Standing; Industrial; Industrial / Mfg; Office Space; Office/Warehouse; Warehouse
Sale Includes: Building and Land; Equipment; Inventory; Machinery; Tools
Avail Docs: Survey
Avail Info: Equipment Inventory; Existing Survey; Owner managed
Miscellaneous 2: Meeting Room; Office; Overhead Doors; Reception Area; Separate Office Area; Showroom
Flooring: Carpet; Concrete; Wood Floor
Cooling: Central; Electric; Zoned
Heating: Other
Fire Protect: Sprinkler
Tenant Pays: None
Utilities: Electric; Public Water; 201+ Amp
Roof: Other
Terms Considered: Cash; Exchange
Lease: None
Possession: Funding; Negotiable
Contingencies: None
Listing Office: Local Palm Beach Realty Inc.
Last Updated: December - 24 - 2024
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