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309 State 7, Margate, FL 33063

Commercial For Sale
$990,000

BTC: 17.52181377

ETH: 330.62929776

-$200K (2024/05/09)
269 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

New to market, this freestanding established prime building is located just two blocks South of one of the busiest intersections in Broward County with a 115,000 daily car count. The retail building is configured as a restaurant with a proven revenue stream that has been established since 1978 with a loyal customer base and prime location. The lot is 100'X179 and is easily accessible off 441-St.Rd.7 and has ample parking for 26 cars. The restaurant has a seating capacity of 65 and comes with all equipment. The current tenant has a 10 year lease with two five year options and yearly 3% rent increases. The building is ADA compliant and the roof was recently siliconized and the parking lot blacktopped. Seller open to financing.Seller is licensed real estate agent.

Location

Florida • Margate • 33063 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1977
Lot:
No Data
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Other Property Information

    • Parcel Number: 484136010510

    • Zoning: TOC-C

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Commercial Sale

  • Other financial information

    • Annual tax amount: $13,600

  • Source details

    • MLS ID: RX-10926565

    Other facts

    • Direction Faces: 2 Blocks South of Atlantic Blvd on 441 -St.Rd. 7

    • Garage: Yes

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. 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: Nugget Realty