625-631 Andrews Ave - Retail FOR SALE


Fort Lauderdale, FL 33303- Tarpon River
$3,800,000 USD
954-336-7364
625-631 Andrews Ave, Fort Lauderdale, FL for Sale
$3,800,000 USD
Retail - FOR SALE
1/4

NEW


625-631 Andrews Ave
Fort Lauderdale, FL 33303
Tarpon River


HIGHLIGHTS

  • This 13,000 sf site is comprised of two, 6,500 sf, abutting lots.
  • The southern lot (627-631 S Andrews Ave) is presently developed with a 3,000 sf retail building which is 100% occupied by two tenants.
  • The two, long-time tenants, are both on short-term leases.

OVERVIEW

Don’t miss this rare opportunity to purchase prime real estate within the downtown Fort Lauderdale core. This 13,000 sf site is comprised of two, 6,500 sf, abutting lots. The southern lot (627-631 S Andrews Ave) is presently developed with a 3,000 sf retail building which is 100% occupied by two tenants. The two, long-time tenants, are both on short-term leases. The northern lot (625 S Andrews Ave) is currently vacant, fully fenced and can either be used for additional parking for the existing building on the southern lot or developed on its own. Whether as an investment property, covered land play or redevelopment project (with the abutting Publix supermarket as a built-in anchor), this RAC-CC zoned property represents one of the last available properties with frontage along busy Andrews Avenue. The two tax folios offer maximum flexibility for whatever your future plans may entail.

FOR SALE DETAILS

PRICE

$3,800,000 USD

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,366 SF

ZONING

RAC-CC

APN/PARCEL ID

50-42-10-01-5590,50-42-10-01-5600

ASK ABOUT THIS PROPERTY

Al D'AgostinoSouthern Commercial PropertiesMore Info
954-336-7364

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Al D'AgostinoSouthern Commercial PropertiesMore Info
954-336-7364

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