1941 Dixie Hwy ,Retail for Sale

1941 Dixie Hwy for Sale

Price $2,000,000.00

• Lot size 23046
• Year Build 1973
• Waterfront
• Zip 33060
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Back on the market due to the buyer being unable to secure financing. Recently remodeled retail plaza located just blocks from the new Pompano Beach. 100% occupied with long term tenants and leases in place. The center is located just blocks from the new Old Town Square and Old Town Backyard. North Dixie Hwy has become a recent hot spot of new development of residential and commercial properties. The tenants are currently paying 17.50/sq ft and 7.50/sq ft CAM with annual 3% increases. 3 of the leases are expiring on 03/31/2025 allowing the opportunity to increase the rents. 50-year inspection recently completed.

Call agent for showing instructions. Please do not tour the property without an appointment.

KENDALL GREEN SEC B 44-18 B LOTS 1,2,3 BLK 19

Corner Lot, Shopping Center

Back on the market due to the buyer being unable to secure financing. Recently remodeled retail plaza located just blocks from the new Pompano Beach. 100% occupied with long term tenants and leases in place. The center is located just blocks from the new Old Town Square and Old Town Backyard. North Dixie Hwy has become a recent hot spot of new development of residential and commercial properties. The tenants are currently paying 17.50/sq ft and 7.50/sq ft CAM with annual 3% increases. 3 of the leases are expiring on 03/31/2025 allowing the opportunity to increase the rents. 50-year inspection recently completed.

City:Pompano Beach,Roof:1:Concrete,Zoning:B-3,List A O R:A-Miami Association of REALTORS,Stories:1,Latitude:26.2549504,List Price:2000000,Listing Id:A11577074,Longitude:-80.1198712,Mls Status:Active,Year Built:1973,Inclusions:Building & Land,Postal Code:33060,Street Name:Dixie Hwy,Coordinates:1:26.2549504,Lot Features:1:Shopping Center,Photos Count:8,Building Name:Seymour 1941,Business Type:1:Store/Warehouse Combination,Days On Market:218,Lot Size Units:Square Feet,M I A M I R E_ Area:3423,On Market Date:2024-04-28,Parcel Number:484226070540,Property Type:Commercial Sale,Stories Total:1,Street Number:1941,Public Remarks:Back on the market due to the buyer being unable to secure financing. Recently remodeled retail plaza located just blocks from the new Pompano Beach. 100% occupied with long term tenants and leases in place. The center is located just blocks from the new Old Town Square and Old Town Backyard. North Dixie Hwy has become a recent hot spot of new development of residential and commercial properties. The tenants are currently paying 17.50/sq ft and 7.50/sq ft CAM with annual 3% increases. 3 of the leases are expiring on 03/31/2025 allowing the opportunity to increase the rents. 50-year inspection recently completed.,County Or Parish:Broward County,List Office Name:LPT Realty,Private Remarks:Call agent for showing instructions. Please do not tour the property without an appointment.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Back On Market,Postal Code Plus4:5048,Property Sub Type:Retail,State Or Province:FL,Street Dir Prefix:N,Tax Annual Amount:23666,Unparsed Address:1941 N Dixie Hwy, Pompano Beach FL 33060,Listing Agreement:Exclusive Right To Sell,Building Area Total:7470,Building Area Units:Square Feet,Lot Size Square Feet:23046,Number Of Buildings:1,Original List Price:2000000,Public Survey Range:48,I D X Participation Y N:1,Syndication Remarks:Back on the market due to the buyer being unable to secure financing. Recently remodeled retail plaza located just blocks from the new Pompano Beach. 100% occupied with long term tenants and leases in place. The center is located just blocks from the new Old Town Square and Old Town Backyard. North Dixie Hwy has become a recent hot spot of new development of residential and commercial properties. The tenants are currently paying 17.50/sq ft and 7.50/sq ft CAM with annual 3% increases. 3 of the leases are expiring on 03/31/2025 allowing the opportunity to increase the rents. 50-year inspection recently completed.,Listing Contract Date:2024-04-28,Originating System I D:miamire,Public Survey Section:26,Street Number Numeric:1941,Tax Legal Description:KENDALL GREEN SEC B 44-18 B LOTS 1,2,3 BLK 19,Public Survey Township:48,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Recently remodeled retail plaza located just blocks from the new Pompano Beach. 100% occupied with long term tenants.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-04-28,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Attribution Contact:754-213-2496,Internet Entire Listing Display Y N:1,