Industrial Property for Sale in Boca Raton, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Boca Raton, FL 33432
  • Year built: 1960

Description

Marcus & Millichap is pleased to exclusively present 303 NW 1st Avenue, a 3,600-squarefoot freestanding commercial building located in the heart of downtown Boca Raton, Florida, immediately west of North Dixie Highway (US-1). Within walking distance of Downtown Boca Raton and the Boca Raton Brightline station, the property carries a Walk Score of 91, reflecting exceptional pedestrian access to nearby amenities, dining, and regional transit. The property sits on a 0.14-acre parcel and will be delivered 100% vacant, offering immediate flexibility for an owner-user or investor. In addition to conventional commercial uses, including professional office, flex, or specialty service oriented space, the property is particularly well-suited for a “man cave”–style setup, personal workshop, or private club-like space. The building features two (2) 10’ x 12’ grade-level bay doors and approximately 13 feet of clear height, allowing for vehicle access, storage, or functional workspace accommodating collector cars, motorcycles, or recreational equipment. The property is located near Mizner Park and the new Boca Raton municipal campus currently under development, reinforcing the long-term appeal of the surrounding downtown environment. The combination of vacant delivery, infill location, proximity to US-1, and lifestyle-oriented optionality positions 303 NW 1st Avenue as a compelling and differentiated owner-user opportunity within a supply constrained Boca Raton submarket. Investment Highlights: • Vacant, Freestanding Building: 3,600-square-foot freestanding asset delivered100% vacant, allowing immediate owner-user occupancy or full customization without tenant restrictions. • Functional Building Specifications: Features two 10' x 12' grade-level bay doors and approximately 13 feet of clear height, supporting vehicle access, storage, and flexible interior configurations. • Downtown Boca Raton, Mizner Park, Brightline & Civic Investment Proximity: Located within walking distance o

Market Context

This industrial in Boca Raton, FL is listed for sale. The building dates to 1960. It has been on the market for 68 days. Compare it against other industrial listings for sale in Boca Raton, FL — <a href="/search/sale/industrial/florida/boca-raton">view the full market</a>.

As of Q1 2026, the Palm Beach industrial market showed a 8.1% vacancy rate, average asking rents near $13.39/SF/yr, and cap rates around 6.7%. Source: Consensus Q1 2026 market report.

Industrial market FAQ

What is the typical cap rate for industrial in Palm Beach?
About 6.7% as of Q1 2026, per Consensus.
Is the Palm Beach industrial market tightening or softening?
Vacancy is around 8.1% (Q1 2026).

Unified Estimate

Medium Confidence

$180.49/SF – $244.19/SF

Mid: $212.34/SF

Rate estimator only; cost-of-business estimate unavailable.

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