Excellent investment opportunity located in Oakland Park featuring both industrial and retail spaces in a high traffic area (AADT=45,000). Property has 7 retail bays in the front building facing Oakland Park Blvd and 5 warehouse spaces in the rear building. They alleyway in between the two buildings is included in the sale. Property is currently 92% occupied. There are no leases on the property providing buyer flexibility. Tenant rental rates are below market value which allows for potential to increase rates in the future.
Property Details
Price:
$3,650,000
MLS #:
A11649334
Status:
Active
Beds:
0
Baths:
0
Address:
1040 E Blvd Oakland Park
Type:
Commercial
Subtype:
Retail
City:
Oakland Park
Listed Date:
Aug 28, 2024
State:
FL
Finished Sq Ft:
14,273
Total Sq Ft:
14,273
ZIP:
33334
Year Built:
1961
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Schools
Interior
Exterior
Parking Features
Common, Free Parking
Financial
Taxes
$27,931
Map
Community
- Address1040 E Blvd Oakland Park Oakland Park FL
- CityOakland Park
- CountyBroward County
- Zip Code33334
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