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Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,718 sqft
Price per Sqft $296
MLS Listing ID A11107488
Sold Date 01/31/22
Construction Status Resale
HOA Y/N No
Year Built 1964
Annual Tax Amount $13,496
Lot Size 0.399 Acres
Property Description
Great investment Located in Opportunity Zone & Revitalization Area. MAJOR Incentives from City, State & IRS worth THOUSANDS of $. Price is for 2 Parcels. Warehouse, storefront, offices & fences yard. Propane business has been running out of this location for a many years. The tenant is owned by a major corp. & has a 10 year lease at $10,000/month plus 2% annual increase. Renewable for additional 10 years. The tenant responsible for all repairs. Landlord pays property tax & insurance for building. Tenant generates thousands in walk up business daily. Great location. Oakland Park is being revitalized. New commuter train. City is business friendly. Property located in Redevelopment Area. $ for $ Match for improvements. Many new businesses coming into the area. See Attachments & watch Video.
Location
State FL
County Broward County
Area 3380
Direction GPS
Interior
Heating Central, Electric
Cooling Central Air
Flooring Concrete, Ceramic Tile
Exterior
Waterfront No
Roof Type Other
Parking Type Guest
Total Parking Spaces 10
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 494222160190
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Interinvestments Realty, Inc.
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