Commercial property in Fort Lauderdale, Florida № 427996

Property description

Reduced to sell! Warehouse complex located near SE 17 St & Andrews Ave convenient to much of Ft Lauderdale’s marine industry, Port Everglades, Broward Convention Center, Ft Lauderdale International Airport, Broward Medical Center, Downtown District, I595 & I95. Consists of 2 buildings totaling 20,968 SF with 2,800 SF outside yard area zoned B3 and 6,616 SF vacant lot zoned RM15 across the street. Currently 6% Cap Rate with NOI of $318,690 & potential to increase income. 100% occupied however owner/user could give tenants 90 days to vacate if desired. 12 bays with 10x12 and 12x12 drive in overheads. Total of 23 front & rear overheads with rear alley access from 2 streets. Full address is 1600 to 1620 SW 3 Ave. Please drive by only, do not disturb tenants. Call for appt to see inside.