309 N State 7 Road, Margate, FL

$1,090,000

Price

1977

Year Built

TOC-C

Zoning

Overview
Year Built
1977
Zoning
TOC-C
Roof
["Comp Rolled", "Flat Tile"]
Floor
["Ceramic Tile"]
Restrooms
2
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.


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Listing ID: 20231010203749609595000000
Location
Gallery