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$1,990,000
Fantastic investment or owner-user opportunity in the heart of oakland park's industrial district! this gem offers 5 bays, totaling 8,984 sf, set on 17,111 sf lot (0.39 ac) with b-3 zoning. current leases are under market value, with all expiring by year-end. elevate rental rates to market standards, unlocking a lucrative 6.75% cap rate as per proforma projections. don't miss your chance to capitalize on this prime small bay warehouse! the surrounding area is vibrant, with notable landmarks like oakland park's downtown core and central business district. over the next two years, 1,000 new residential units will be delivered within a one-mile radius, promising a steadily increasing customer base.Gelfand Realty Miami Properties for Sale - Commercial for Sale
Back 530-536 & 548 NE 32ND ST, OAKLAND PARK, FL 33334
Commercial - for Sale
530-536 & 548 NE 32ND ST, OAKLAND PARK, FL 33334
Description
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