6300-6306 Pembroke - Retail FOR SALE


Miramar, FL 33023- Welwyn Manor
$2,150,000 USD
6300-6306 Pembroke, Miramar, FL for Sale
$2,150,000 USD
Retail - FOR SALE
1/11
null | 4.8% Cap Rate

6300-6306 Pembroke
Miramar, FL 33023
Welwyn Manor


HIGHLIGHTS

  • Freestanding Retail/Flex Building
  • Building Size: 4,362 SF
  • 8.04% Proforma CAP Rate
  • Perfect for an Investor or Owner-User

OVERVIEW

The subject property is a freestanding retail/flex building sitting on two parcels consisting of 4,362 SF of usable space situated on a 12,346 SF lot located close to the Florida Turnpike and State Road 7/441. This property presents a unique investment opportunity that combines ongoing renovations with income potential. The current owner is dedicated to enhancing the property's exterior, making notable improvements such as installing hurricane-resistant windows and doors, a fresh coat of paint, and a remodel of the staircase. The property has a concrete roof; an investor can potentially raise the building by an additional 2 floors. The downstairs unit is presently occupied by four separate tenants and has been thoughtfully configured as church space, offering immediate rental income. All tenants are month to month and can vacate. Perfect for an owner-user or investor.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$492 USD /SF

CAP RATE

4.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,748 SF

ZONING

ML

APN/PARCEL ID

51-41-24-16-0760

ASK ABOUT THIS PROPERTY

John DeMarcoRE/MAX 5 Star RealtyMore Info

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John DeMarcoRE/MAX 5 Star RealtyMore Info

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