561 N. Palm Ave
Commercial | 9.16% CAP
Marketing description
Excellent Opportunity for Owner-User or Investor!
Well-located commercial property offering flexible use and strong income potential. The property features two separate buildings, each approximately 1,800 square feet, with individual entrances and fenced yard space, providing versatility for a variety of business operations. Situated on a generous 25,700-square-foot lot, the property includes large bay doors, ample on-site parking, and efficient layouts well-suited for light industrial, warehouse, contractor, or service-based uses (buyer to verify zoning and permitted uses). Both buildings are currently rented on a month-to-month basis, providing immediate income with an attractive 9.16% cap rate, while also allowing the property to be delivered vacant at close—ideal for an owner-user, expansion, or value-add repositioning strategy. This is a rare opportunity to acquire a flexible commercial asset with strong fundamentals, income stability, and long-term upside in a desirable location.
Investment highlights
- 9.16% cap rate
- Two separate commercial buildings (Can be delivered vacant)
- Individual entrances for each building
- Large bay doors
- Fenced yard space for secure storage or operations
- 25,700 SF lot with plenty of on-site parking
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