5960-5992 SW 23rd St - Showroom FOR SALE


West Park, FL 33023
$2,375,000 USD
305-747-5117
5960-5992 SW 23rd St, West Park, FL for Sale
$2,375,000 USD
Showroom - FOR SALE
1/30
null | 5.18% Cap Rate

5960-5992 SW 23rd St
West Park, FL 33023


HIGHLIGHTS

  • RENOVATED & BUILT OUT 6 BAYS WITH UNLIMITED OPPORTUNITIES! COULD BE COLLISSION / REPAIR SHOP, PAINT SHOP, WINDOW TINTING, OIL CHANGES
  • Concrete block construction featuring a Six-bay industrial layout: two double bays ±2,000 SF and two bays ±1,000 SF. 16’ clear ceiling height.
  • With 12’ roll-up door clearance, six grade-level roll-up garage doors.
  • Phase 3 electrical service. 100% tenant-occupied investment asset. 11 on-site parking spaces.
  • Property is grandfathered for mechanic and auto repair use. New concrete roof installed in 2020. Milestone Report completed approximately 6 years ago
  • Office build-out in two bays. Prime location off SR-7 with quick access to I-95 and the Florida Turnpike.

OVERVIEW

RENOVATED & BUILT OUT 6 BAYS WITH UNLIMITED OPPORTUNITIES! COULD BE COLLISSION / REPAIR SHOP, PAINT SHOP, WINDOW TINTING, OIL CHANGES, ETC... PLUS WAREHOUSE & OFFICE SPACE IN BOOMING WEST PARK! RIGHT OFF OF BUSY STATE RD 7 & JUST NORTH OF HALLANDALE BEACH BLVD! Freestanding ±6,000 SF corner warehouse building with four electrical meters. Concrete block construction featuring a six-bay industrial layout: two double bays ±2,000 SF and two bays ±1,000 SF. 16’ clear ceiling height with 12’ roll-up door clearance. Six grade-level roll-up garage doors. Phase 3 electrical service. 100% tenant-occupied investment asset. 11 on-site parking spaces. Property is grandfathered for mechanic and auto repair use. New concrete roof installed in 2020. Milestone Report completed approximately six years ago. Office build-out in two bays. Prime location off SR-7 with quick access to I-95 and the Florida Turnpike. Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3% with a low monthly payment!! PERFECT PLACE TO OPERATE YOUR BUSINES, MAKE CASH FLOW & INVESTMENT INCOME! CHECK FINANCIALS IN DOCUMENTS. POSSIBLE 7+ CAP RATE! Roof replaced 2020. Milestone report done 6 years ago. Insurance: 4,500. Water: 200. 11 parking spots and 1 disabled. Great Opportunity!

FOR SALE DETAILS

PRICE

$2,375,000 USD

PRICE/SF

$396 USD /SF

CAP RATE

5.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5960 SW 23rd St

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

UTILITIES

Lighting - Fluorescent, Gas, Water - City, Sewer - County, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.27

LAND SF

11,761

ZONING

TOC

APN/PARCEL ID

51-41-24-02-1130

ASK ABOUT THIS PROPERTY

Ricky KallabatKW CommercialMore Info
305-747-5117

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Ricky KallabatKW CommercialMore Info
305-747-5117

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