Prime Downtown Hollywood, FL location! This landmark building is the former famous Hemingway's bar and lounge. Located in the heart of Downtown Hollywood Florida, this building is situated in an A++ location. This property has undergone extensive improvements: new bathroom, new central AC system, new roof paint and much more. The 5,000 SF second floor is vacant and ready to move-in for an owner user. An investor can lease the space at $39.21 per SF NNN, when fully leased this building will be netting $264,949 a year providing an investor with a strong 8.85% capitalization rate. The immediate area has over 5,000 new permanent residences coming online in the near future with over 1 billion in new construction projects approved and breaking ground in the near future. Current occupants of Downtown Hollywood enjoy all the benefits of a downtown workplace which include great business visibility, desirable employee work-place location, close proximity to top restaurants and nightlife, major national events, ample parking next near parking garage and much more. For additional information call broker directly, do not disturb this property or business.