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Gelfand Realty Miami Properties for Sale - Commercial for Sale

721 NW 7TH TER, FORT LAUDERDALE, FL 33311

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Asking Price$4,050,000

  • Lot size 23625sqft
  • Taxes $27,552
  • Year Built 1955
  • Days on market:

    151 day(s)
  • Original Price:

    $4,050,000
  • Tax Legal Description:

    PROGRESSO 2-18 D LOTS 9-15 BLK 278
  • Property Type:

    Commercial
  • Special Listing Conditions:

    Sale

Description

$4,050,000

Warehouse in ft. lauderdale, 18,104 sqft, divided into 2 units. one side operates owner's business (13,000 sqft) other is leased 5,104 sqft bringing in $50,655.60 annually. ceiling 18 ft, 4 street level bays, one capable of containing full trailer. sale is contingent upon sale of business and can be purchased for 2.5 mil. well established clothing wholesale and embroidery company focusing on the resort retail stores and ecommerce. the company has an awesome reputation of 27 years and it is well organized with an impressive customer list, sales force, well trained and efficient personnel, and unique product. great opportunity for an ambitious owner for growth. city is giving up to 125k for improvements. no taxes on capital gains as it is in a preferred area. text agent for showings & info
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