Overview

Description

SVN Commercial Partners proudly presents for sale the 450 Professional Building (the "Property"), a vacant office building strategically situated in the heart of Margate, Florida. Spanning approximately 8,200 rentable square feet, this property occupies around 0.41 acres of land. Furthermore, the Property boasts an additional 0.41-acre parking lot conveniently located across the street from the main building.

Positioned just south of the southeast corner of W Atlantic Blvd (with an average daily traffic of approximately 52,423 vehicles) and NW 65th Ter, the Property's location offers exceptional visibility and accessibility.

The Property benefits from TOC-C (Transit Oriented Corridor—Corridor) zoning, presenting a valuable opportunity for diverse tenant uses. The generous parking field accommodates up to 50 vehicles, providing a parking ratio of 6.1 spaces per 1,000 square feet—an advantageous feature for businesses with substantial vehicle fleets. This versatility extends to the interior, where the office space can be tailored to suit specific business requirements. The layout allows for the creation of expansive offices, conference rooms, and collaborative workspaces, fostering an environment conducive to productivity and innovation.

The 450 Professional Building is a charming office building situated within the vibrant commercial district of Margate, Florida. This building enjoys easy accessibility via major transportation routes, including W Atlantic Blvd (with an Average Daily Traffic of +/-52,423), State Road 7 (with an Average Daily Traffic of +/-51,698), and the Florida Turnpike. Furthermore, the Property is located just across the street from Margate Middle School and in close proximity to renowned national retailers such as Dunkin' Donuts, Pollo Tropical, Publix, Ross, Starbucks, McDonald's, Walgreens, Walmart Supercenter, and more. Margate boasts a highly conducive business environment and convenient access to a pool of skilled labor, making it a prime choice for companies aiming to broaden their operations. With superb accessibility and a range of nearby amenities, coupled with the flexibility to customize office spaces to precise requirements, it stands out as an attractive selection for businesses in pursuit of a practical and efficient workspace. Positioned as a premier location, this setting presents Owner-Users with an exceptional chance for expansion in a densely populated region.

Highlights

• Avg Household Income: Two Mile Radius: $68,145; Five Mile Radius: $77,193; Ten Mile Radius: $87,746 The Property Provides
• Ample Parking with a Parking Ratio of 6.1/1,000 SF, Totaling 50 Parking Spaces Allowing for Several Tenant Uses A Free-Standing Vacant Building Designed to Accommodate an Owner-User, Offering the Flexibility to Occupy the Entire Space or Utilize Part of it and Lease the Remaining Areas Situated
• Just South of the Southeast Corner of Atlantic Blvd (AADT: 52,423/Day) and NW 65th Ter Recently
• Passed 40 Year Building Safety Inspection
• 3-Phase Power and 3-Electric Meters

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