Three Mechanics' Bays
This Citgo Professional Complex may be purchased, entirely, or split into two deals:
1st Deal
Approximately 1-acre parcel on Congress Avenue near Lake Worth Road. 131-foot frontage; across from Palm Beach Community College. Perfect for deli/restaurant or coffee shop, or for medical offices (JFK Hospital is
1/2 mile south, on Congress).
The current rental income for the residence on this parcel is $1000.00 per month. $1,320,000 is the asking price.
2nd Deal
Citgo Full-Service Station with Mini-Mart; corner of Lake Worth Road and Congress Avenue. Very successful business. Owner willing to lease from buyers for $3,500.00 per month, and continue operating.
Hungry Howie’s tenant pays $2500.00 a month. Towing company office pays $1000.00 per month. Rental income from residential duplex (two 1/1s) is $1500.00 per month. Asking price is $2.2 million.
Complete financials available upon request. $102,000 per year income, and with 20% down the return on this investment is approximately 23%.
Contact F. Lehman for further information, today!
Office: 561 290 4838 or Cell: 561 644 4258