309 N State 7 Margate, FL 33063
Overview
- Status: Closed
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: No info
- Price Per: No info/No info
- Type: Commercial/Investment
- Built: 1977
- HOA: No info
- MLS Number: RX-10926565
- View No info
- On Site: 238 days
- Updated: Listing Refreshed: 56 Days Ago
New to market, this freestanding established prime building is located just two blocks South of one of the busiest intersections in Broward County with a 115,000 daily car count. The retail building is configured as a restaurant with a proven revenue stream that has been established since 1978 with a loyal customer base and prime location. The lot is 100'X179 and is easily accessible off 441-St.Rd.7 and has ample parking for 26 cars. The restaurant has a seating capacity of 65 and comes with all equipment. The current tenant has a 10 year lease with two five year options and yearly 3% rent increases. The building is ADA compliant and the roof was recently siliconized and the parking lot blacktopped. Seller open to financing.Seller is licensed real estate agent.
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 09/26/2024 | Sold | $945,000.00 | 4.5% | N/A |
| 05/09/2024 | Price Reduced | $990,000.00 | 16.8% | N/A |
| 10/10/2023 | Listed | $1,190,000.00 | N/A |
Contact Information
This property is courtesy of the Nugget Realty. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.