Canvas Real Estate
Listed by Canvas Real Estate
$1,700,000
312-322 NE 38th Street
Details
APN 494222040020
Property Type Retail
Sub Type Storefront, Convenience Store
Square Footage 5,562
Units 6
Year Built 1979
Acreage 0.290
Zoning B-1
Parking Spaces 20 spaces
Parking Per SqFt 3.60
Retail | 5,562 SqFt
Marketing description
Value-add retail strip center located in the heart of Oakland Park's rapidly growing NE 38th Street corridor. 5,562 SF building with 6 tenants including a restaurant, laundromat, retail stores, and tax office. Current rents are significantly below market, offering approximately $44,000/year in upside potential. Recent capital improvements totaling $191,000 include a full roof replacement, new electrical, and new plumbing. Two units are month-to-month providing immediate flexibility for a new owner. Property sits within Oakland Park's Downtown Redevelopment Area — one of Broward County's most active urban growth corridors. All measurements approximate; buyer to verify.
Listing Contacts
Canvas Real Estate
Listed by Canvas Real Estate
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Zoning
B-1 CommercialRetail CommercialCommunity Business
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