2759 W Oakland Park Blvd
$1,880,000
2759 W Oakland Park Blvd, Oakland Park, FL 33311
For Sale
Retail
Restaurant
Active
Last Updated: 04/29/2025
87,492
NOI
2,706 sqft
Building Size
Details:
NOI: $87,492
Building Size: 2,706 sqft
Year Built: 1985
Highlights:
- Building Features: Restaurant
- Documents Available: Aerial Photo(S), Copy Of Lease(S), Existing Survey
- Cooling: Central Building A/C
Description:
The property is a retail building zoned B1, located within a proposed redevelopment area encompassing approximately 28,000 square feet of mixed-use space. The site allows for the construction of up to five (5) stories, presenting an excellent opportunity for the development of office and retail spaces. The projected resale value is $12,500,000, based on a 6% capitalization rate and a 9% internal rate of return (IRR). Additional details are available in the attached documents.
The property currently generates a substantial annual income of $84,392, providing a solid return on investment.
Location
Gallery
