This is a rare opportunity to acquire a freestanding retail building on US-1 in Hollywood, Florida. The property features a 5,675 SF building on a 14,282 SF lot in a prime high-visibility location. Currently operating as a dual-purpose business specializing in locksmith services and bicycle sales/repairs, the site has a long-established presence in the community. The business is fully staffed and equipped, generating a gross revenue of $730,158 and a net income of $194,246 annually. With strong potential for continued success, this property offers an investor the opportunity to take over a well-established operation or repurpose the space for a new venture. The seller’s inventory is available for purchase at closing.
Property Details
Price:
$3,200,000
MLS #:
A11738477
Status:
Active
Beds:
0
Baths:
0
Address:
1101 N Federal Hwy
Type:
Commercial
Subtype:
Retail
City:
Hollywood
Listed Date:
Feb 4, 2025
State:
FL
Finished Sq Ft:
5,675
Total Sq Ft:
5,675
ZIP:
33020
Year Built:
1970
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Schools
Interior
Exterior
Financial
Taxes
$29,851
Map
Community
- Address1101 N Federal Hwy Hollywood FL
- CityHollywood
- CountyBroward County
- Zip Code33020
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1101 N Federal Hwy
Hollywood, FL
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