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Bean Group
Offered at $4,800,000Active
beds
—
baths
0
sq ft
4,950
Built
1975

2422 N MILITARY Trail

West Palm Beach, FL

About this home

Excellent opportunity to acquire an income-producing commercial/industrial property. Situated on approximately 0.61 acre, the property features an approximately 4,950-square-foot building consisting of warehouse/service space and a dedicated office and showroom area. Positioned along the heavily traveled N Military Trail corridor, the property offers excellent visibility, prominent signage exposure, convenient access, and ample on-site parking. The versatile layout is well suited for an investor, owner-user, business operator, automotive-related business, warehouse operation, or future redevelopment project, subject to existing leases, zoning, and governmental approvals. Two established long-term tenants currently generate approximately $96,000 in annual rental income .

Listing last checked: Listing updated:

Listed by Dwayne Prince Barrett · Ibero Property Management & Real Estate Services · MLS #B26068002

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Details at a glance

Interior3 property facts
Heating
Central
Cooling
Central Air
Flooring
Concrete, Terrazzo
Building5 property facts
Style
Mixed Use
Year built
1975
Parking
20
Foundation
Block
Roof
Other
Land & utilities4 property facts
Lot size
1 acres
Water
Public
Sewer
Public Sewer
Zoning
CG
Financial2 property facts
Annual taxes
$13,513
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $4,800,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$25,397 / monthAdjust
Principal & interest
$24,271
Property tax
$1,126
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $13,513. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $20 · Sold $3,500 · Sep 11, 2020

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About 2422 N MILITARY Trail

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Request a tour of 2422 N MILITARY Trail and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.