205-209 NE 1st Ave - Flex FOR SALE


Hallandale Beach, FL 33009
$2,950,000 USD
786-696-8080
205-209 NE 1st Ave, Hallandale Beach, FL for Sale
$2,950,000 USD
Flex - FOR SALE
1/20
null | Request Cap Rate

205-209 NE 1st Ave
Hallandale Beach, FL 33009


HIGHLIGHTS

  • Warehouse in Hallandale Beach's Fashion & Art Design District.
  • Located in an Opportunity Zone with value-add or redevelopment potential.
  • High-visibility location with mural frontage and on-site parking.

OVERVIEW

Rare opportunity to acquire a highly improved 5,300 SF freestanding commercial asset located in Hallandale Beach’s District 8 / CRA corridor and within an Opportunity Zone. The property is being completed as a brewery-oriented buildout and offers significant embedded value for an owner-user, investor, or specialty operator seeking a differentiated urban infill acquisition. District 8 zoning supports a broad range of attractive commercial and hospitality uses, including restaurants, alcoholic beverage establishments, general stores and services, limited office, studio/workshop, family entertainment, and certain lodging-related uses, subject to buyer verification of zoning, licensing, and intended use. Property features include approximately 18’–20’ clear height, ground-level loading, approximately 20 parking spaces, new roof (2022), upgraded commercial plumbing, new drainage infrastructure including a 250-gallon grease trap, natural gas hook-up, and a layout well suited for food-and-beverage, experiential retail, studio/workshop, or specialty commercial operations. Survey, floor plan, and site plan are available. Seller indicates open permit and violation matters will be closed out. Environmental work was reportedly completed in 2021 with clear findings. An extensive brewery/distillery equipment package may be included or excluded depending on offer and deal structure, allowing flexibility for both turnkey-minded buyers and adaptive-reuse purchasers. Available equipment includes a 5 BBL 2-vessel brewhouse, 15 BBL cold liquor tank, 10 BBL hot liquor tank, 3 x 10 BBL unitank fermenters, 4 x 5 BBL unitank fermenters, 4 x 5 BBL brite tanks, 2-head keg washer, mill, portable CIP system, electric forklift, 50L pilot brewhouse, and 500L steam distiller. Additional assets, including a food trailer, may be negotiable depending on offer. This offering is exceptionally well suited for a brewery, taproom, distillery concept, restaurant, hospitality-driven operator, experiential retail user, creative studio/workshop, specialty commercial buyer, or investor seeking a repositioning opportunity in a redevelopment-oriented corridor. Seller may consider a leaseback only if structured and agreed upon prior to closing

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$557 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.16

LAND SF

6,970

ZONING

B-L

APN/PARCEL ID

51-42-27-06-0020

ASK ABOUT THIS PROPERTY

James JourdanONE Commercial Real EstateMore Info
786-696-8080

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James JourdanONE Commercial Real EstateMore Info
786-696-8080

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.