Commercial property in Hollywood, Florida № 530744
21
ID530744
$ 1 200 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
The subject property consists of 1,517 SF of office space on a 3,031 SF lot. Currently built out as a general office. This property also works very well for an investor. An investor can lease the property at a market rate of $58.19 p/SF NNN after closing. This will provide a net annual income of $88,274.23 and a 6.8% capitalization rate at full asking price. The zoning allows the building to be expanded to 2 stories / 6,000+ SF with no parking variance needed. Also, residential is permitted above the ground floor. Enjoy all the benefits of a downtown workplace which includes great business retail visibility, desirable employee work place location, close proximity to top restaurants and nightlife, major national events, and ample parking.MLS #: A11396817
Contact the seller
CityHollywood
Address1922 Tyler St, Hollywood FL 33020
TypeCommercial property
Completion dateIV quarter, 1955
Price
- Price
- per m²
$ 1 200 000
- EUR €
- USD $
- RUB ₽
- GBP £
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