$990,000 $5,315 est/mo Sourced by Back At You

309 N State 7 Road,Margate, FL 33063

Margate FL, 33063

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Description

New to market, this freestanding established prime building is located just two blocks South of one of the busiest intersections in Broward County with a 115,000 daily car count. The retail building is configured as a restaurant with a proven revenue stream that has been established since 1978 with a loyal customer base and prime location. The lot is 100'X179 and is easily accessible off 441-St.Rd.7 and has ample parking for 26 cars. The restaurant has a seating capacity of 65 and comes with all equipment. The current tenant has a 10 year lease with two five year options and yearly 3% rent increases. The building is ADA compliant and the roof was recently siliconized and the parking lot blacktopped. Seller open to financing.Seller is licensed real estate agent.

Details

MLS#R10926565
Listing TypeFor Sale
StyleOther Business Opportunity
Sub-TypeResale
StatusPending
Year1977
Days On Site287
Listing Provided ByNugget Realty | Mark Genco
Buying Commision2.5%

Features

Story(s)1
ZoningTOC-C
Acreage0.41

Market Activity 33063

The information is being provided by Beaches MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Beaches MLS. All Rights Reserved.

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Learn More About This Property

StateFL
CountyBroward County
CityMargate
Zip Code33063
Area3632
SubareaNorth Broward 441 To Everglades (3611 3642)
Listing VS Median (in 33063)
Price:
$990,000
low | high
Med:
$173,450
100% of Average
On Site:
287
low | high
Med:
312.000000
91.987179487179% of Average
Sourced by Back At You
Listing Updated: July 9, 2024 at 10:58:54 AM PDT