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32155324
32155323

625-631 S Andrews Avenue, Fort Lauderdale, FL 33315

Southern Commercial Properties
Listed by Southern Commercial Properties
$3,800,000
34 days on market
Updated 34 days ago

625-631 S Andrews Avenue

Details
APN 50-42-10-01-5600; 50-42-10-01-5590
Property Type Retail, Land
Sub Type Storefront
Square Footage 3,000
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Built 1961
Buildings 2
Stories 1
Acreage 0.300
Zoning RAC-CC
Parking Spaces 10 spaces
Parking Per SqFt 3.33
Investment Type Redevelopment
Ground Lease No

625-631 S Andrews Avenue, Fort Lauderdale, FL 33315

Marketing description

Don't miss this rare opportunity to purchase prime real estate within the downtown Fort Lauderdale core. This 13,000 sf site is comprised of two, 6,500 sf, abutting lots. The southern lot (627-631 S Andrews Ave) is presently developed with a 3,000 sf retail building which is 100% occupied by two tenants. The two, long-time tenants, are both on short-term leases. The northern lot (625 S Andrews Ave) is currently vacant, fully fenced and can either be used for additional parking for the existing building on the southern lot or developed on its own. Whether as an investment property, covered land play or redevelopment project (with Publix supermarket nextdoor as a built-in anchor), this RAC-CC zoned property represents one of the last available properties with frontage along busy Andrews Ave. Property made up of two tax folios: 50-42-10-01-5600 & 50-42-10-01-5590

Investment highlights

Don't miss this rare opportunity to purchase prime real estate within the downtown Fort Lauderdale core. This 13,000 sf site is comprised of two, 6,500 sf, abutting lots. The southern lot (627-631 S Andrews Ave) is presently developed with a 3,000 sf retail building which is 100% occupied by two tenants. The two, long-time tenants, are both on short-term leases. The northern lot (625 S Andrews Ave) is currently vacant, fully fenced and can either be used for additional parking for the existing building on the southern lot or developed on its own. Whether as an investment property, covered land play or redevelopment project (with Publix supermarket nextdoor as a built-in anchor), this RAC-CC zoned property represents one of the last available properties with frontage along busy Andrews Ave. Property made up of two tax folios: 50-42-10-01-5600 & 50-42-10-01-5590

Listing Contacts

Southern Commercial Properties
Listed by Southern Commercial Properties

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