Commercial Sale
2301 16th
Pompano Beach, FL 33062
General Information
Location Information
Additional Features
Financial Information
Remarks
2-Story 13,000 SF Mixed-Use Retail/Residential Building consisting of: 4-Retail Stores (5,180sf), 8-Rental Apartments. (on 2nd floor), and 2-Storage Units, 900 SF. *Over 7%+ CAP RATE AT LIST PRICE* Current Gross Annual Income: $192,500. Projected Gross Annual Income: $207,900. *Projected Net Operating Income: $135,000. (To Be Verified by Buyer). Front & Rear Parking. Building in Very Good Condition. Visible from Federal Highway. 1-Tenant on a lease, all others Mo-Mo. with Upside Potential in Rents. Many Long-term Tenants, 5-20+ Years. See attachments for property flyer **IMPORTANT – DO NOT DISTURB THE TENANTS. SHOWINGS & INSPECTIONS TO BE SCHEDULED WITH LISTING BROKER.***
Listing Agent
Randall A Rauch
Dwell Residential Real Estate
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Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276