← All properties
For Sale Available Listing #21963

2,885 SF Strip Center For Sale — $1,659,000 — 302-308 Lucerne Ave, Lake Worth

302-308 Lucerne Ave · Entire Property · Lake Worth, FL 33460
2,885 SFAvailable space
OfficeProperty type
8Parking spaces
2026Renovated
Quick Unit Specs
2,885 SF Sq Ft
Office Type
Available Status
For Sale Listing Type
— Lease Rate
— Monthly Rate
— Lease Terms
— Lease Type
$1,659,000 Asking Price
$575.04 Price / SF
— Cap Rate
— NOI
— Condition
— Power
— HVAC
8 spaces Estimated Parking
— Yard
Location Map Click to explore · switch to satellite inside the map
Floor Plan
Floor plan not available yet Ask us and we'll get it to you as soon as it's available.
Building Description
Executive Summary
Prime Downtown Lake Worth Beach location with frontage on Lucerne Avenue just East of N. Federal Highway.
Surrounded by retail, dining and entertainment. Just West of the Intracoastal and the Lake Worth public beach.
Positioned along Lucerne Avenue with ±15,000+ vehicles per day. Direct access to Federal Highway (US-1) with combined traffic exposure exceeding ±20,000 vehicles daily.
Freestanding signage at corner of Lucerne Ave and N. O St. On-site parking available (8 spaces). Additional parking within one block (±25-30 spaces).
Incredible Opportunity with a fully upgraded property in a prime downtown setting.
Up to ±2,885 SF of Retail/Office Space Available. Flexible layouts to accommodate a variety of uses and sizes.
Ideal for retail, office, or service-based tenants. Positioned in a growing downtown corridor.
302 Lucerne Avenue
Lake Worth, FL 33460
Building Specifications
CityLake Worth, FL
ZIP Code33460
Year Built1973
Gross Leasable Area2,895 SF
Total Building SF2,895 SF
Land Area6,753 SF
Lot Size0.16 AC
Parking (building)8 Spaces
ConstructionSTUCCO ON MASON
Parking Ratio2.77/1,000 SF
Floor Area Ratio0.429
Percent LeasedVacant
AmenitiesBus Line
Walk Score60/100
Renovated2026
Approved Uses by Zoning — Downtown (DT)

Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.

Allowed by right
Accessory Mechanical Equipment, Accessory Structure(s), Dwelling, Multifamily, Family Day Care (Accessory to Residence per Florida Statutes), Single Destination Retail (under 7,500 SF) (administrative permit), Specialty Retail (under 7,500 SF) (administrative permit), Single Destination Retail (under 2,500 SF) (administrative permit), Specialty Retail (under 2,500 SF), Take-out Establishments (under 2,500 SF) (administrative permit), Lodging Facility (under 7,500 SF) (administrative permit), Printing Services (under 7,500 SF) (administrative permit), Restaurants (under 7,500 SF) (administrative permit), Restaurants—Take Out (under 7,500 SF) (administrative permit), Coffee Shop/Ice Cream Shop (under 2,500 SF), Printing Services (under 2,500 SF), Restaurants (under 2,500 SF), Administrative/Professional Services: (non-medical) (under 7,500 SF) (administrative permit), Business Incubation Office (under 7,500 SF) (administrative permit), Business Services (under 7,500 SF) (administrative permit), Interior Design Studio w/ Sales (under 7,500 SF) (administrative permit), Kitchen/Millwork Design Studio (under 7,500 SF) (administrative permit), Administrative/Professional Services (non-medical) (under 2,500 SF), Home Occupation (under 2,500 SF), Gyms/Studio, Fitness or Dance (under 7,500 SF) (administrative permit), Holistic Health Care Facility (under 7,500 SF) (administrative permit), Personal Grooming Services & Day Spa (under 7,500 SF) (administrative permit), Ballroom, Banquet and Meeting Rooms (under 2,500 SF) (administrative permit), Gyms/Studios, Fitness or Dance (under 2,500 SF), Holistic Health Care Facility (under 2,500 SF), Personal Grooming Services & Day Spa (under 2,500 SF), Pet Grooming (under 2,500 SF), Repair and Maintenance Services —Specialty (under 2,500 SF), Colleges and Universities (under 7,500 SF) (administrative permit), Museums (under 7,500 SF) (administrative permit), Places of Worship (under 7,500 SF) (administrative permit), Welcome Centers (under 7,500 SF) (administrative permit), Environmental Nature Centers (under 2,500 SF), Museum (under 2,500 SF), Artisanal Foods (under 7,500 SF) (administrative permit), Artisan or Art Studio (under 7,500 SF) (administrative permit), Art or Photography Gallery (under 7,500 SF) (administrative permit), Performing Arts Theatre (less than 250 seats) (under 7,500 SF) (administrative permit), Perfumery (under 7,500 SF) (administrative permit), Recording Studios (under 7,500 SF) (administrative permit), Stationery/Engraver (under 7,500 SF) (administrative permit), Arts and Crafts Studio (under 2,500 SF), Art or Photography Gallery (under 2,500 SF), Bakery, Retail (under 2,500 SF) (administrative permit), Photography Studio (under 2,500 SF), Recording Studio (under 2,500 SF) (administrative permit), Pocket Parks (under 2,500 SF), Recreation Park (Passive) - Less than Two (2) Acres (under 2,500 SF), Produce Market (under 7,500 SF) (administrative permit), Radio and Television Broadcasting Studios w/o Communication Towers (under 7,500 SF) (administrative permit), Essential Services (under 2,500 SF), Produce Market (under 2,500 SF) (administrative permit)
With special approval
Townhouses, Liquor Store (over 7,500 SF), Merchant Retail Stock (Reference Ordinance Chapter 14) (over 7,500 SF), Single Destination Retail (over 7,500 SF), Stand Alone Retail (over 7,500 SF), Liquor Store (under 7,500 SF), Pharmacy, Accessory (under 2,500 SF), Bars/clubs with or without live entertainment (over 7,500 SF), Extended Stay Lodging Facility (over 7,500 SF), Financial Institution w/Drive Through (over 7,500 SF), Financial Institution w/o Drive Through (over 7,500 SF), Lodging Facility (over 7,500 SF), Printing Services (over 7,500 SF), Restaurants (over 7,500 SF), Restaurants—With Bar (over 7,500 SF), Bars with or without live entertainment (under 7,500 SF), Bed and Breakfast Inns (under 7,500 SF), Extended Stay Lodging Facility (under 7,500 SF), Financial Institution w/Drive Through (under 7,500 SF), Financial Institution w/o Drive Through (under 7,500 SF), Administrative/Professional Services: (non-medical) (over 7,500 SF), Business Services (over 7,500 SF), Out Patient Clinics/Medical Office (over 7,500 SF), Out Patient Clinics/Medical Office (under 7,500 SF), Ballroom, Banquet and Meeting Rooms (over 7,500 SF), Ballroom, Banquet and Meeting Rooms (under 7,500 SF), Parking Facilities (based on parking area square footage), Parking Facilities (under 7,500 SF), Walking tours Downtown/Historic guided on-site parking (under 7,500 SF), Brewery/Distillery—Specialty (under 7,500 SF), Colleges and Universities (over 7,500 SF), Day Care Center Accessory to Place of Worship (over 7,500 SF), Museums (over 7,500 SF), Places of Worship (over 7,500 SF), Schools, elementary (over 7,500 SF), Schools, intermediate and secondary (over 7,500 SF), Art or Photography Gallery (over 7,500 SF), Recording Studios (over 7,500 SF), Bakery, Retail (under 7,500 SF), Light Utility Facility Services, Recreation Public (Outdoor) w/o Team Sports Facilities, Recreation Park (Passive) - More than Two (2) Acres, Flea Market (over 7,500 SF), Wireless Communication Facilities (over 7,500 SF)
Read the full DT zoning guide ›
Trade-area demographics
Population
5,021
Households
2,629
Median income
$55,868
Median home value
$380,200
Trade area (1 / 3 / 5 mi)
1 mi3 mi5 mi
Population15,82385,683227,230
Households6,60532,06680,746
Avg income$74,418$98,422$92,190
Household income (purchasing power)
< $50k0%
$50–100k0%
$100–150k0%
$150k+0%
Traffic count (frontage)
20,500 cars/day (AADT)

Neighborhood Demographics · Census Tract 005300

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
5,021
Population
$55,868
Median Household Income
51
Median Age
2,629
Households
$380,200
Median Home Value
Household Income of 2,629 households
<$50k1,077 41%
$50–100k741 28%
$100–150k396 15%
$150k+415 16%
Age of 5,021 residents
Under 18788 16%
18–34998 20%
35–541,141 23%
55–64846 17%
65+1,248 25%

Frontage Traffic vs. Palm Beach County's Busiest Roads

This property fronts Lucerne Ave. Below, its measured daily traffic (FDOT count) is compared to five of the county's busiest roads — I‑95, Florida Turnpike, Okeechobee Blvd, US‑1/Federal Hwy, and Military Trail (approximate peak AADT) — to show how much exposure the location gets.
20,500vehicles / day on Lucerne Ave (AADT)
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
◆ Lucerne Ave 20,500
This frontage carries about 8% of I‑95's volume — lighter neighborhood traffic. County roads shown are approximate peak AADT.
FDOT count stations on Lucerne Ave
20,500 AADT (2025)
14,300 AADT (2025)
11,000 AADT (2025)
10,400 AADT between SR-802/LAKE AVE (2025)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone
Street View Click to load · then drag to look around
Asking Price
$1,659,000
Listing Courtesy of Reichel Realty & Investments, Inc.
William B. Reichel
William B. Reichel
Reichel Realty & Investments, Inc.
Inquire about this property
Key highlights

Investment Highlights Prime Downtown location on Lucerne Avenue On-site parking available The building has just completed a total renovation Positioned along Lucerne Avenue with ±15,000+ vehicles per day.

  • 2,885 SF office space available
  • 8 parking spaces
  • Renovated in 2026
  • Zoned DT
  • 8.0 mi to Palm Beach Intl (PBI)
Extended Unit Specifications
Suite Entire Property
Available Now
Clear Height —
Drive-In Bays —
Dock-High Bays —
Office SF —
Restrooms —
Parking Ratio 2.77
Op. Expenses —
Appraiser Data
Parcel Control No.38434421150280160
DOR Use Code1100 — STRIP SHOPPING
MunicipalityLake Worth
Assessed Value$538,282
Land Value$203,856
Improvement Value$327,250
Legal Description
TOWN OF LAKE WORTH
Sale History
Sale 1$700,000 · 4/2025
Source: Palm Beach County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 8.0 mi 14 min drive
Ft. Lauderdale (FLL) 38.0 mi
Miami Intl (MIA) 58.6 mi
⚓ Seaports
Port of Palm Beach 10.7 mi
Port Everglades 36.4 mi
PortMiami 58.4 mi