201 N Ocean Dr - Storefront Retail/Office FOR SALE


Hollywood, FL 33019
$12,000,000 USD
954-483-9045
201 N Ocean Dr, Hollywood, FL for Sale
$12,000,000 USD
Storefront Retail/Office - FOR SALE
1/26
null | Request Cap Rate

201 N Ocean Dr
Hollywood, FL 33019


HIGHLIGHTS

  • Great visibility
  • Impact windows and recent improvements make it a beautiful office or sales center
  • Open floors and offices
  • Possible owner financing
  • 1 block from the ocean

OVERVIEW

This is one of the most visible commercial buildings in Hollywood Beach with 6,300 Sqft on 4 lots, situated just North of Hollywood Boulevard on A1A (Ocean Drive). It is one block from the Beach and has unobstructed views of the Intracoastal Waterways. It has 2 floors totaling about 3,150 Sqft each with high ceilings and a flexible layout, which can accommodate a variety of Retail Businesses. A large elevator conveniently accesses the second floor, where it features a massive bank safe with its original iron door. It would be an ideal location for a high-end Restaurant, Café, Night Club, SPA, Medical Clinic, Gym, or an Event Center. The building could be a winning place for a Pharmacy, Grocery, Liquor, or Convenience Store, or a concept that caters to the many locals and tourists. It can also be a mixed use with a retail on the first floor and offices on the second. It has a full rooftop, which is currently not used for the public but could be a hidden bonus with the proper improvements and authorizations. It has plenty of signage possibility as it is at the corner of 3 streets, allowing for 3 building signs. Owner is willing to discuss improvements and additions on the parking lot, which currently has 23 spots.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$1,905 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Perfect for High-End Restaurant or Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

BRT-25C

APN/PARCEL ID

51-42-13-01-2071

ASK ABOUT THIS PROPERTY

Marc RochmanCard USA, Inc.More Info
954-483-9045

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Marc RochmanCard USA, Inc.More Info
954-483-9045

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.