- Commercial Property For Sale
Description
Prime Investment Opportunity: Desjardins Commercial Complex in Pompano Beach
Property Overview:
Introducing a premier investment opportunity in East Pompano Beach: a three-story retail and office commercial property strategically located directly on E. Atlantic Blvd, between US-1 and the Intracoastal Waterway. This property is currently offered for sale, boasting an annual income of $261,248, excluding Florida’s 6.5% rental tax. With a single 1,400 SF vacancy on the 2nd floor, there is potential to add an estimated $31,000 per year to the total rent roll. Also a $24,000 a year rent is collected for the back parking lot on a year to year basis with a seperate restaurant tenant.
Location:
Nestled in the rapidly redeveloping area of Pompano Beach, this property enjoys a prime central location with heavy car and foot traffic. It is in close proximity to popular Houston’s Restaurant, A1A, the brand new Pompano Pier development and Federal Highway (US-1). The vibrant surroundings feature new restaurants, shopping venues, and convenient walking-distance access to numerous retail opportunities.
Building Features:
- Year Built: 1959
- Year Renovated: 1980
- Building Size: 18,140 SF (Per Assessor)
- Typical Floor Size: 5,667 SF
- Stories: 3
- Unfinished Ceiling Height: 11’
- Building Class: B
- Elevator: Yes
- Parking: Ample surface parking available at the rear and front of the building, including electric plug-in for cars.
- Exterior Material: Concrete Block
- Roof Type: Asphalt
- Foundation Type: Concrete
- Mixed Use Code: store and office or store and residential or residential combination
Lot Information:
- Total Lot Size: 10,500 Sq. Ft.
- Primary Lot Number: 5
- Additional Lot (Secondary): 6
Legal and County Information:
- Property Legal Description: HARBOR VILLAGE SEC A 28-34 B LOT 5,6 BLK 1
- County: Broward County
- APN: 484331150050
Highlights:
- Exceptional Central Pompano Beach Location
- Direct Accessibility to E Atlantic Blvd
- Proximity to Restaurants, Retail, and Beach Area
- Elevator Access
- Parking with Electric Plug-Ins for Cars
Summary:
This Desjardins Bank building is an exceptional commercial investment prospect located in the heart of booming Pompano Beach, FL. With significant yearly income and potential for increased rent roll, it offers a sound investment in a burgeoning area. Don’t miss this opportunity to invest in a piece of Pompano Beach’s vibrant and expanding community.
- Year built: 1959
- Infrastructure Included: Yes
- Zoning: Mixed Use: store and office or store and residential or residential combination
- Current Tenants: Des Jardin Bank, Dentastic Dental Center, Stonehedge Estate Buyers, Elite Labs, Car Data Inc,
Features
View on map / Neighborhood
Agent
This commercial property is located in is currently Commercial Properties For Sale and has been listed on Prakas & Co. This property is listed at $ 6,295,000.00 and is listed as 18140 sq ft.Â
Commercial Properties For Sale
$ 6,295,000.00
Description
Prime Investment Opportunity: Desjardins Commercial Complex in Pompano Beach
Property Overview:
Introducing a premier investment opportunity in East Pompano Beach: a three-story retail and office commercial property strategically located directly on E. Atlantic Blvd, between US-1 and the Intracoastal Waterway. This property is currently offered for sale, boasting an annual income of $261,248, excluding Florida’s 6.5% rental tax. With a single 1,400 SF vacancy on the 2nd floor, there is potential to add an estimated $31,000 per year to the total rent roll. Also a $24,000 a year rent is collected for the back parking lot on a year to year basis with a seperate restaurant tenant.
Location:
Nestled in the rapidly redeveloping area of Pompano Beach, this property enjoys a prime central location with heavy car and foot traffic. It is in close proximity to popular Houston’s Restaurant, A1A, the brand new Pompano Pier development and Federal Highway (US-1). The vibrant surroundings feature new restaurants, shopping venues, and convenient walking-distance access to numerous retail opportunities.
Building Features:
- Year Built: 1959
- Year Renovated: 1980
- Building Size: 18,140 SF (Per Assessor)
- Typical Floor Size: 5,667 SF
- Stories: 3
- Unfinished Ceiling Height: 11’
- Building Class: B
- Elevator: Yes
- Parking: Ample surface parking available at the rear and front of the building, including electric plug-in for cars.
- Exterior Material: Concrete Block
- Roof Type: Asphalt
- Foundation Type: Concrete
- Mixed Use Code: store and office or store and residential or residential combination
Lot Information:
- Total Lot Size: 10,500 Sq. Ft.
- Primary Lot Number: 5
- Additional Lot (Secondary): 6
Legal and County Information:
- Property Legal Description: HARBOR VILLAGE SEC A 28-34 B LOT 5,6 BLK 1
- County: Broward County
- APN: 484331150050
Highlights:
- Exceptional Central Pompano Beach Location
- Direct Accessibility to E Atlantic Blvd
- Proximity to Restaurants, Retail, and Beach Area
- Elevator Access
- Parking with Electric Plug-Ins for Cars
Summary:
This Desjardins Bank building is an exceptional commercial investment prospect located in the heart of booming Pompano Beach, FL. With significant yearly income and potential for increased rent roll, it offers a sound investment in a burgeoning area. Don’t miss this opportunity to invest in a piece of Pompano Beach’s vibrant and expanding community.
- Year built: 1959
- Infrastructure Included: Yes
- Zoning: Mixed Use: store and office or store and residential or residential combination
- Current Tenants: Des Jardin Bank, Dentastic Dental Center, Stonehedge Estate Buyers, Elite Labs, Car Data Inc,
Features
View on map / Neighborhood
Agent
This commercial property is located in is currently Commercial Properties For Sale and has been listed on Prakas & Co. This property is listed at $ 6,295,000.00 and is listed as 18140 sq ft.Â