1040 E Oakland Park Blvd Active

Oakland Park,FL 33334

$ 3650000

- Bed

0 Bath

14273 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 14,273 sqft

Price per Sqft $255

MLS Listing ID A11649334

HOA Y/N No

Year Built 1961

Annual Tax Amount $27,931

Lot Size 0.568 Acres

Property Description

Excellent investment opportunity located in Oakland Park featuring both industrial and retail spaces in a high traffic area (AADT=45,000). Property has 7 retail bays in the front building facing Oakland Park Blvd and 5 warehouse spaces in the rear building. They alleyway in between the two buildings is included in the sale. Property is currently 92% occupied. There are no leases on the property providing buyer flexibility. Tenant rental rates are below market value which allows for potential to increase rates in the future.

Location

State FL

County Broward

Area 3370

Direction When coming off I-95, proceed east toward the beach and property will be on the right hand side just before Dixie Highway.

Exterior

Waterfront No

Parking Type Common,Free Parking

Building

Story 1

Level or Stories One

Others

Tax ID 494226110025

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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