Rare opportunity to purchase a 2nd generation Bar & Restaurant in Flagler Village Fort Lauderdale. The property is centrally located between two of the largest planned developments in Flagler Village, Hines FAT Village & AIMCO’s Searstown redevelopments. Combined the two projects plan on containing 1,647 residential units, 188 hotel units, 719,895 square feet of office, retail, and commercial units.
The property will be delivered vacant, making it suitable for both owner-users and investors. The neighborhood faces a very high barrier to entry for new restaurants and bars with very few remaining spaces suitable for the use, making this property especially attractive, and saving considerable time and money for the next owner.
The property is located just down the street from Las Olas Blvd, Downtown Central Business District, and is walking distance to over several thousand residential units. Additionally there are several more thousand residential units currently planned or already underway. The area has experienced tremendous growth in recent years and is frequently compared to Miami’s Wynwood neighborhood. With multiple $500+ million dollar developments occurring in the neighborhood simultaneously this represents one of the few freestanding options available for purchase and a rare opportunity to own a part of this growing market.