Description

Prime income-producing commercial property located in Hollywood, Florida. The ±19,011 SF lot features three buildings totaling ±9,747 SF and offers a compelling combination of in-place income, value-add upside, and owner-user flexibility. The property currently generates an NOI of approximately $164,000, with projected NOI increasing to $306,000 upon lease-up of the vacant space at pro-forma market rents. The existing tenant mix includes a lounge and a bar, along with a third ±4,000 SF vacant unit offering immediate owner-user occupancy or lease-up potential. Situated along a high-traffic commercial corridor, the property benefits from excellent visibility, strong exposure, and convenient access. Flexible FH-2 zoning enables a wide range of uses, including retail, restaurants, offices, nightlife, and mixed-use, supporting long-term investment stability and strong underlying land values.

Key Features