201 Narcissus AveWest Palm Beach, FL 33401

Property Details for 201 Narcissus Ave

Year built

2004

Property size (Sq ft)

2,500 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 2,540 square foot ground floor commercial unit, located in the prestigious Esplanade Grande in downtown West Palm Beach, Florida, presents a rare investment opportunity. Boasting a prime waterfront location overlooking Historic Palm Beach Island, this property offers stunning views and unparalleled access. The unit features 13-foot ceilings, impact glass, and includes six private underground parking spaces. Building amenities include 24-hour access to the main lobby, restrooms, concierge, and valet parking. Owners also enjoy access to a fourth-floor gym and wellness center, hot tub, showers, a 360-degree rooftop garden with outdoor gathering areas, a pool, and an air-conditioned event lounge. The property is currently 100% occupied under an Absolute NNN lease with one year remaining. Built in 2004, this single-tenant retail space is listed at $2,750,000 with a 7.00% cap rate. The address is 201 S Narcissus Ave, West Palm Beach, FL 33401. This is a unique opportunity to acquire a high-quality commercial property in a highly desirable location.

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7119

Longitude

-80.0507

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