2420-2426 Dixie Hwy ,Retail for Sale

2420-2426 Dixie Hwy for Sale

Price $1,375,000.00

• Lot size 6110
• Year Build 1965
• Waterfront
• Zip 33305
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Compass Commercial presents a 3,357sf flex-retail building in the emerging Wilton Manors Art District providing a stabilized 6% Cap Rate. Unparalleled visibility fronting Dixie Hwy and steps from the approved "Wilton Hotel & Pool Club" and the "Five-Points" intersection. The property is 100% leased with a synergetic tenant mix consisting of (3) art galleries and (1) Italian wine boutique. The immediate area is experiencing a transformation i.e. The "Wilton Hotel" (8-story hotel w/ rooftop pool) and additionally a 190-luxury rental project. Ownership has undergone significant updates including sealing the roof, electrical, parking lot and recertification. Do not miss out on this stable cash-flowing asset with upside situated across the street from the proposed "Wilton Hotel & Pool Club".

HUTCHINSON SUB 38-17 B LOT 3

Compass Commercial presents a 3,357sf flex-retail building in the emerging Wilton Manors Art District providing a stabilized 6% Cap Rate. Unparalleled visibility fronting Dixie Hwy and steps from the approved "Wilton Hotel & Pool Club" and the "Five-Points" intersection. The property is 100% leased with a synergetic tenant mix consisting of (3) art galleries and (1) Italian wine boutique. The immediate area is experiencing a transformation i.e. The "Wilton Hotel" (8-story hotel w/ rooftop pool) and additionally a 190-luxury rental project. Ownership has undergone significant updates including sealing the roof, electrical, parking lot and recertification. Do not miss out on this stable cash-flowing asset with upside situated across the street from the proposed "Wilton Hotel & Pool Club".

City:Wilton Manors,Zoning:TOC SOUT,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:26.158007,Cooling Y N:1,List Price:1375000,Listing Id:A11645293,Longitude:-80.131817,Mls Status:Active,Year Built:1965,Postal Code:33305,Street Name:Dixie Hwy,Coordinates:1:26.158007,Photos Count:12,Business Type:1:Store/Warehouse Combination,Days On Market:63,Listing Terms:1:Conventional/Refinance,2:Cryptocurrency,Lot Size Units:Square Feet,M I A M I R E_ Area:3370,On Market Date:2024-08-28,Parcel Number:494226260041,Property Type:Commercial Sale,Street Number:2420-2426,Public Remarks:Compass Commercial presents a 3,357sf flex-retail building in the emerging Wilton Manors Art District providing a stabilized 6% Cap Rate. Unparalleled visibility fronting Dixie Hwy and steps from the approved "Wilton Hotel & Pool Club" and the "Five-Points" intersection. The property is 100% leased with a synergetic tenant mix consisting of (3) art galleries and (1) Italian wine boutique. The immediate area is experiencing a transformation i.e. The "Wilton Hotel" (8-story hotel w/ rooftop pool) and additionally a 190-luxury rental project. Ownership has undergone significant updates including sealing the roof, electrical, parking lot and recertification. Do not miss out on this stable cash-flowing asset with upside situated across the street from the proposed "Wilton Hotel & Pool Club".,County Or Parish:Broward County,List Office Name:Compass Florida, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2240,Property Sub Type:Retail,State Or Province:FL,Street Dir Prefix:N,Tax Annual Amount:11452,Unparsed Address:2420-2426 N Dixie Hwy, Wilton Manors FL 33305,Listing Agreement:Exclusive Agency,Building Area Total:3357,Building Area Units:Square Feet,Lot Size Square Feet:6110,M I A M I R E_ For Sale Y N:1,Original List Price:1500000,Previous List Price:1500000,Public Survey Range:49,I D X Participation Y N:1,Syndication Remarks:Compass Commercial presents a 3,357sf flex-retail building in the emerging Wilton Manors Art District providing a stabilized 6% Cap Rate. Unparalleled visibility fronting Dixie Hwy and steps from the approved "Wilton Hotel & Pool Club" and the "Five-Points" intersection. The property is 100% leased with a synergetic tenant mix consisting of (3) art galleries and (1) Italian wine boutique. The immediate area is experiencing a transformation i.e. The "Wilton Hotel" (8-story hotel w/ rooftop pool) and additionally a 190-luxury rental project. Ownership has undergone significant updates including sealing the roof, electrical, parking lot and recertification. Do not miss out on this stable cash-flowing asset with upside situated across the street from the proposed "Wilton Hotel & Pool Club".,Listing Contract Date:2024-08-28,Originating System I D:miamire,Public Survey Section:26,Street Number Numeric:2420,Tax Legal Description:HUTCHINSON SUB 38-17 B LOT 3,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:100% leased (4) bay flex-retail building consisting of 3,357sf on a 6,110sf parcel zoned TOC-S located in the emerging Wilton Manors Art District.,Contract Status Change Date:2024-08-28,Internet Address Display Y N:1,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Internet Entire Listing Display Y N:1,