This prime investment property spans 20,714 sq.ft on a 1.32-acre lot and includes 65 parking spaces. The shopping center features a total of 12 units, currently 49.31% occupied by four tenants. There is approximately 10,500 sq.ft available, presenting an exc

2922 NORTH STATE ROAD 7, Margate

$7,250,000 USD
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Address2922 NORTH STATE ROAD 7, Margate
Type of PropertyRetail
Type of BusinessRetail Space, Shopping Center
Price$7,250,000
Property StatusActive
MLS NumberA11697393
Property Size57505
Lot Size57505
Year Built1972
Folio Number484219020010
Zoning InformationTOC-C
Days on Market349

Detailed Description: This prime investment property spans 20,714 sq.ft on a 1.32-acre lot and includes 65 parking spaces. The shopping center features a total of 12 units, currently 49.31% occupied by four tenants. There is approximately 10,500 sq.ft available, presenting an excellent opportunity for an owner-user or additional lease-up potential. This is an exceptional investment opportunity in a prime location. For further details, please refer to the enclosed offering memorandum. Please do not disturb the tenants.

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Address Information
StateFlorida
CityMargate
CountyBroward County
Zip Code33063
Address2922 NORTH STATE ROAD 7
Section19
Zip Code (4 Digits)5700
Financial Information
Price$7,250,000
Price per Foot$0
Folio Number484219020010
Tax Amount$78,855
Full Descriptions
Detailed DescriptionThis prime investment property spans 20,714 sq.ft on a 1.32-acre lot and includes 65 parking spaces. The shopping center features a total of 12 units, currently 49.31% occupied by four tenants. There is approximately 10,500 sq.ft available, presenting an excellent opportunity for an owner-user or additional lease-up potential. This is an exceptional investment opportunity in a prime location. For further details, please refer to the enclosed offering memorandum. Please do not disturb the tenants.
Property parameters
Living Area57505
Lot Size57505
Total Acreage0.000
Zoning InformationTOC-C
Maximum Leasable Size57505
Year Built1972
Type of PropertyRetail
Type of BusinessRetail Space, Shopping Center
Street DirectionNorth
Listed withRE/MAX 5 Star Realty