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Commercial Real Estate

Commercial SaleCommercial310-320 NE 1st Ave, FL, 33009

Basics

Description

  • Description:

    This 9,615 SF flex space building is a perfect blend of office and true industrial, situated on a large 19,540 SF lot. The parking lot across the street is on a long-term lease with the city of Hallandale Beach and provides a tremendous amount of available parking.The property is 100% occupied by 3 tenants and is currently netting $219,307 per year, which will provide an investor with a strong 6.09% capitalization rate at full asking price. All tenants are currently month-to-month. The property can be delivered vacant for an owner-user.

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Property details

  • Total Building Area: 9615
  • Lot Size Square Feet: 13910
  • Parcel Number: 514222120011
  • Lot Size Area: 13910
  • Structure Type: Office,Warehouse

Property Features

  • Covered Spaces: 0

Location Details

  • County Or Parish: Broward County
  • Zoning Description: Central RAC

Fees & Taxes

  • Tax Annual Amount: 17554
  • Tax Legal Description: BEN-MEL BY THE SEA 16-3 B BLK A N 125 OF S 275 & W 5 OF 10 ALLEY ADJ

Miscellaneous

  • Public Survey Section: 22
  • Syndication Remarks: Great Flex Building in Desirable East Hallandale Beach, Florida; Ample Parking; Central RAC zoning; Perfect for owner user or investor

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This -type commercial real estate is located in 310-320 NE 1st Ave, FL, 33009 was built in 1962, and is listed at $3,600,000.

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