1620 NE 12th Ter #1620-1630 Active

Fort Lauderdale,FL 33305

$ 1750000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Holly Heights

MLS Listing ID F10506173

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 11736

Year Built 1959

Annual Tax Amount $24,238

Tax Year 2024

Lot Size 0.269 Acres

Property Sub-Type Industrial

Property Description

Warehouse with liberal B-3 Zoning located near I-95 and Federal Highway. Partially rented with two units vacant as seller believes building is best suited for an owner user who may need the space. The tenants are at under-market rents. Upstairs is a space perfect for buildout of an office. All warehouse units have front and back 10' x 10' overhead doors allowing for full passthrough. Units 1620, 1622 and 1624 have a small interior office. Units are already subdivided and individually metered which allows an owner to use some and rent the others. The ceiling height is 13'. Each bay is 2000 square feet. There is a right of way that runs along side and to the rear of the building. Each tenant can park one vehicle in front of the bay door but no designated parking. CAP RATE IS PRO-FORMA.

Location

State FL

County Broward County

Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)

Zoning B-3

Interior

Heating No Heat

Flooring Concrete Floors

Exterior

Water Access N

Roof Type Other Roof

Private Pool No

Building

Story 2.0000

Foundation Concrete Block Construction,Other Construction

Sewer Other Sewer,Public Sanitation

Water Public Water

Construction Status Resale

Others

Pets Allowed No

Ownership Other Ownership

Acceptable Financing Cash,Conventional/Refinance,Other Terms

Listing Terms Cash,Conventional/Refinance,Other Terms

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