Vacant-User
420 & 504 Claremore Dr
420 Claremore Dr, West Palm Beach, FL 33401
Listing Price: $3,250,000
Investment Overview
Marcus & Millichap, as exclusive advisor, is pleased to present for sale 420 & 504 Claremore Drive (the “Property”), an over 10,000-square-foot, owner-user property located at 420 Claremore on 0.30 acres of land, and 504 Claremore Drive, a 0.24-acre land parcel currently being used as a parking lot, in West Palm Beach, Florida. The Property is strategically located in a highly sought after corridor within Downtown Palm Beach, one block west of South Dixie Highway (US-1), with strong local demographics. The Property boasts a Walk Score of 88 (Very Walkable), offering immediate access to numerous shopping centers, dining options and the beach. The Property also benefits from immediate access to Interstate 95, via Belvedere Road, making it extremely accessible to the surrounding area and all South Florida. The asset is located less than four miles from Palm Beach International Airport and just one mile from the West Palm Beach Brightline Station. 420 & 504 Claremore Drive presents a unique opportunity for an owner-user to occupy the entire property immediately upon closing, making it a perfect candidate for a Small Business Administration (SBA) loan.
420 & 504 Claremore Dr
Investment Highlights
- STRONG SUBMARKET : Tremendous growth as West Palm Beach becomes 'Wall Street South' as northeast firms continue to relocate, including BlackRock and Goldman Sachs.
- INVESTMENT OPPORTUNITY: Adaptive reuse for restaurant
- OWNER USER OPPORTUNITY: Ideal for multiple uses including car storage, general storage, personal use.
- IRREPLACEABLE LOCATION : "Very Walkable", with a Walk Score of 88, based on an abundance of amenities including shopping centers and dining options
Exclusively Listed By
Financing By
Listing Price: $3,250,000
Investment Highlights
- STRONG SUBMARKET : Tremendous growth as West Palm Beach becomes 'Wall Street South' as northeast firms continue to relocate, including BlackRock and Goldman Sachs.
- INVESTMENT OPPORTUNITY: Adaptive reuse for restaurant
- OWNER USER OPPORTUNITY: Ideal for multiple uses including car storage, general storage, personal use.
- IRREPLACEABLE LOCATION : "Very Walkable", with a Walk Score of 88, based on an abundance of amenities including shopping centers and dining options
Investment Overview
Marcus & Millichap, as exclusive advisor, is pleased to present for sale 420 & 504 Claremore Drive (the “Property”), an over 10,000-square-foot, owner-user property located at 420 Claremore on 0.30 acres of land, and 504 Claremore Drive, a 0.24-acre land parcel currently being used as a parking lot, in West Palm Beach, Florida. The Property is strategically located in a highly sought after corridor within Downtown Palm Beach, one block west of South Dixie Highway (US-1), with strong local demographics. The Property boasts a Walk Score of 88 (Very Walkable), offering immediate access to numerous shopping centers, dining options and the beach. The Property also benefits from immediate access to Interstate 95, via Belvedere Road, making it extremely accessible to the surrounding area and all South Florida. The asset is located less than four miles from Palm Beach International Airport and just one mile from the West Palm Beach Brightline Station. 420 & 504 Claremore Drive presents a unique opportunity for an owner-user to occupy the entire property immediately upon closing, making it a perfect candidate for a Small Business Administration (SBA) loan.
Exclusively Listed By
Financing By
