911-913 NE 4th Ave - Restaurant FOR SALE


Fort Lauderdale, FL 33304
$3,950,000 USD
954-595-2999
911-913 NE 4th Ave, Fort Lauderdale, FL for Sale
$3,950,000 USD
Restaurant - FOR SALE
1/31
null | Request Cap Rate

911-913 NE 4th Ave
Fort Lauderdale, FL 33304


OVERVIEW

Rare downtown 2nd Generation Bar / Restaurant space suitable for Owner User or Investor. Discover an exceptional opportunity in the heart of downtown Fort Lauderdale with this versatile multi-tenant building. Located just minutes from Las Olas, the beach, and at the entrance to Flagler Village. Flagler Village in Fort Lauderdale is a rapidly developing and vibrant neighborhood known for its artistic and cultural vibe, similar to Wynwood in Miami, the neighborhood has delivered over 10,000 residential units in they last few years with several thousand more in the pipeline. Situated just north of Las Olas Boulevard, Flagler Village offers a dense urban feel with a mix of residential, commercial, and entertainment options. Originally an industrial warehouse district, Flagler Village has transformed into a hub of innovation and creativity. The arts district features art studios, galleries, and monthly art walks, making it a hotspot for artists and art enthusiasts alike?. The neighborhood also boasts numerous trendy restaurants, craft breweries, and unique shops. The immediate and surrounding area is experiencing significant growth with new developments like the FAT Village master plan and the Searstown Redevelopment, which includes residential units, office spaces, hotel, restaurants and retail options. The ongoing developments are attracting a mix of young professionals and families, contributing to a vibrant community. The building in particular features a beautifully built-out 2nd generation bar & restaurant space, with a massive covered outdoor patio, ideal for culinary entrepreneurs, complete with a flex warehouse for additional storage. Benefit from rental income from the retail space (previously occupied by the Sliding Glass Company) or take advantage of the strong visibility and nearby parking to open multiple businesses. This prime location offers excellent foot traffic, making it a strategic spot for various ventures. Whether you're looking to start a new restaurant, expand your retail presence, or diversify with multiple enterprises, this property provides the perfect foundation for success. Don’t miss out on this unique investment opportunity in one of Fort Lauderdale's most dynamic areas. A rare and unique opportunity to purchase this asset while it is fully vacant for the first time since remodeling. Within walking distance from here on the same side of tracks, notable tenants are Patio + Pizza Bar, Laser Wolf, Wine Watch, 27 Bar + Lounge, Sana Skincare, The Now Massage, Form Hair Studio, BH3 Headquarters, SOL Yoga, Spartan Fitness and Training, Miso Japanese Tapas and more.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$572 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,212 SF

ZONING

NWRAC-MUNE

APN/PARCEL ID

49-42-34-05-7050

ASK ABOUT THIS PROPERTY

Jaime SturgisNative Realty Co.More Info
954-595-2999

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Jaime SturgisNative Realty Co.More Info
954-595-2999

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