$1,842,750
$1,890,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
7,330 SqFt
SOLD DATE : 12/09/2022
Key Details
Sold Price $1,842,750
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 7,330 sqft
Price per Sqft $251
MLS Listing ID O6052868
Sold Date 12/09/22
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1978
Annual Tax Amount $21,597
Lot Size 0.430 Acres
Acres 0.43
Property Description
BACK ON THE MARKET!
Owner Financing is available up to 50% with 2 years of interest only. Rentals will pay for the mortgage. DON'T MISS THIS OPPORTUNITY!
For sale Real Estate and Business included.
Zoning: 12 - Mixed use - store / office / residential combination / Retail / Bar / Restaurant.
Ideal location is right on I-95, where Key West meets Ft. Lauderdale.
Excellent opportunity to continue the Iconic 47 years long -second generation- operated and established landmark "Flossie” business (since 1982). The previous owners just retired, making thousands of customers excited to continue the adventure with new ownership. This turnkey business, "Flossie’s Bar & Grill,” has always been a thriving operation with gross yearly revenue of above $1,000,000.00 on operation only. Additionally, the second floor has 3 vast apartments, all leased.
Please call the listing agent for details.
The first floor for commercial use is now vacant, but a long-term commercial lease is possible with potential prospects desiring to extend Flossie’s legacy. This floor includes the bar/restaurant space, the kitchen, an office room, 3 bathrooms, an indoor big storage room with coolers and a cooling room, and an outside storage unit.
For owner users, large uses are available from Retail to Bar/Restaurant opening a wide range of business opportunities. You can create your new concept or decide to use the “Flossie’s Bar & Grill” trademark. Available Facebook page with about 10,000 fans, many being past customers.
For investors, this place is ideally placed nearby the marina, in front of the airport. Ideal investment for long-term commercial lease on floor 1 and residential rents on the second floor with great cap rate.
This 7,330 Sqft building is in good condition, enjoying a patio of above 1,000 sqft. The capacity for the restaurant is 120 persons; 2 Cop Licence Beer and Wine is possible. The roof is new and insured. The big parking 35 (minimum) space sits inside an 18,899 sqft lot. This vast building is connected to City water, close to I95, several Marinas, and right in front of Ft Lauderdale airport, storage facilities, and nearby famous seafood restaurants. All equipment, coolers, tables, game chairs, websites, brands, and fixtures convey.
Location
State FL
County Dade
Zoning 21
Interior
Heating Central
Cooling Central Air
Flooring Concrete, Linoleum
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior
Utilities Available BB/HS Internet Capable, Electricity Available, Emergency Power, Phone Available, Public, Water Connected
Waterfront false
Roof Type Shingle
Building
Lot Description Central Business District, City Limits, Industrial Park, Interior Lot, Near Railroad Siding, Oversized Lot, Street Lights
Story 2
Entry Level Two
Foundation Stem Wall
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Structure Type Block, Cement Siding, Concrete, Stone, Stucco
New Construction false
Construction Status Inspections
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
Special Listing Condition None
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