639 East Ocean Avenue, Boynton Beach, FL
Office for Sale - $1,125,000 - 6,000 Sq. Ft.


Property Info
CIMLS# | 1084816 |
Location 639 East Ocean Avenue Boynton Beach FL 33435 | |
Updated | November 20th, 2020 |
Type | Office |
Price | $1,125,000 |
Building | 6,000 Sq. Ft. |
Property Description
639 E Ocean Ave. Suite 202-203-406-407-409
Five (5) commercial units for sale in a Building with 35 total units. All Commercial. Each unit is 1,200 SF. Rent on each unit is $1,700/month. Each unit has 2 Half Baths. One unit has a shower. All units are built out. Unit 202-203 were built out in 2017. Units 406-407 were upgraded in 2016. Unit 409 was remodeled in 2019.
2 units are on month to month leases, remaining units are on 1-2 year leases.
The rent in the building has stayed at $1,700 per month for each unit for several years.
Each unit is individually for sale; i.e., a buyer could buy 1, 2, 3, 4, or 5 units.
Maintenance is $600 per quarter, per unit. Includes building insurance, maintenance, water and sewer. Renters pay all electricity, phone, cable, internet, etc. The only other expense is PBC Property tax ~$3,000 per unit per year.
SHOWINGS
Usually professional offices are closed on weekends. But you can knock, no problem. I can set up something during the week with a little notice.
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Financials
See above