1101 N Federal Hwy Active

Hollywood,FL 33020

$ 3200000

- Bed

0 Bath

5675 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,675 sqft

Price per Sqft $563

MLS Listing ID A11738477

Style Detached

HOA Y/N No

Year Built 1970

Annual Tax Amount $29,851

Lot Size 0.328 Acres

Property Sub-Type Retail

Property Description

This is a rare opportunity to acquire a freestanding retail building on US-1 in Hollywood, Florida. The property features a 5,675 SF building on a 14,282 SF lot in a prime high-visibility location. Currently operating as a dual-purpose business specializing in locksmith services and bicycle sales/repairs, the site has a long-established presence in the community. The business is fully staffed and equipped, generating a gross revenue of $730,158 and a net income of $194,246 annually. With strong potential for continued success, this property offers an investor the opportunity to take over a well-established operation or repurpose the space for a new venture. The seller's inventory is available for purchase at closing.

Location

State FL

County Broward

Area 3030

Exterior

Private Pool Yes

Building

Architectural Style Detached

Others

Tax ID 514210050050

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11738477

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