Bought with Virgon Real Estate
$1,350,000
$1,350,000
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2 Baths
1,838 SqFt
SOLD DATE : 09/19/2023
Key Details
Sold Price $1,350,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,838 sqft
Price per Sqft $734
Subdivision Newmans Survey
MLS Listing ID RX-10896213
Sold Date 09/19/23
Construction Status Resale
Year Built 1974
Annual Tax Amount $9,025
Tax Year 2022
Lot Size 3,049 Sqft
Property Description
FOR SALE OR LEASE! Well known diner in business for almost 50 years can now be yours! Sale is for parcel containing diner building only. Separately deeded parcel with Liquor store is NOT available for sale. Post-COVID, the diner was generating an average of $60k USD per month serving breakfast and lunch only. Currently setup to serve 50+ customers, the diner is practically turn-key and ready to go or convert the building into the retail/mixed use of your choice. Two large developments in progress will increase foot traffic exponentially! Directly behind the diner, the 180-unit luxury leasing apartment complex is rapidly building out. On the opposite corner of the intersection is the new massive mixed-use development expected to break ground later this year or early 2024.
Location
State FL
County Broward
Area 3070
Zoning N-MU
Interior
Heating Central, Central Building, Electric
Cooling Central, Central Building, Electric
Flooring Ceramic Tile
Fireplaces Type Smoke Alarm, Sprinkler
Exterior
Community Features City Jurisdiction, Use Conforms to Zone
Utilities Available Cable, Electric, Municipal Water, Public Sewer, Separate Meter
Roof Type Mixed
Present Use City Jurisdiction,Use Conforms to Zone
Building
Story 100.00
Foundation CBS, Concrete
Construction Status Resale
Others
Security Features Burglar Alarm
Acceptable Financing Cash, Conventional, Will Rent
Listing Terms Cash, Conventional, Will Rent
Financing Cash,Conventional,Will Rent
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