A+++ Location in the heart of Downtown Hollywood and within an opportunity zone. The subject property consists of 4,173 sqft, 2,600 sqft on the ground floor and an additional 1,573 sqft on the second floor which can be used as storage or office. The property was formerly occupied by long term check cashing store tenant. Perfect building for any office or retail use. Recent comparable sales have sold as high as $369 per foot, this building is priced to sell at only $276 p/sqft. An investor can lease this 4,794 Sq. Ft property for $28.00 p/sqft NET, which would yield an investor a 10.13% proforma capitalization rate at the full asking price. This is an excellent opportunity to invest in a well maintained and turnkey operating property in a A+++ location.
Elementary School | Middle School | High School |
The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A10814385) is provided courtesy of (RE/MAX 5 Star Realty). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 03-29-2024. IDX powered by Realty Net Media
Erika Meyer , Realtor
RE/MAX 5 Star Realty
4151 Hollywood Blvd & 1901 Harrison ST
Hollywood, FL 33021
954-558-8005
floridarealtor2003@yahoo.com