USD 1,675,000

360 NE 44th St
Oakland Park, Florida 33334

Beds
Baths 0

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.

Listed by Keller Williams Legacy

Property Details

ID #
A11107488
Status
Sale
Type
Commercial, Industrial, Income/Multi-Family 5+
Zip Code
33334
Year Built
1964
Parking Spaces
10
Building Feature
Air Conditioning, Security system
Ground Feature
Fenced, Gated community
Water Source
City/mains water
Septic
City sewer
Construction
Concrete Block Construction
Floor
Ceramic Floor, Concrete Floors
Lease Term
7-10 Year Lease, Long Term Lease
Location
End Unit
Occupancy
Call Listing Agent
Parking
Guest Parking, Loading Spaces
Road Frontage
City Road
Road Type
Four Lane
Type of Building
Commercial/Residential Income, Store/Warehouse Combination
Utilities
Internet
Zoning Information
B2
Miscellaneous
Automobile Traffic, Bottled Gas, Outside Storage, Overhead Doors, Separate Office Area, Separate Warehouse Area, Showroom

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