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310-320 NE 1st Ave, Hallandale Beach FL 33009

Commercial For Sale
$3,600,000

BTC: 56.24912111

ETH: 1,140.22557463

-$900K (2023/09/01)
629 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • Hallandale Beach • 33009 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1962
Lot:
13910 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 13910 Square Feet

    Other Property Information

    • Parcel Number: 514222120011

    • Zoning: Central RAC

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Flex Space

  • Other financial information

    • Annual tax amount: $17,554

  • Source details

    • MLS ID: A11252431

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX 5 Star Realty