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$ 380,000
Est. payment | /mo
$ 380,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID A11984471
HOA Y/N No
Property Description
Established neighborhood grocery store of 2,000 Sqft with over 10 years of successful operation, strategically located on busy W Oakland Park Blvd in Fort Lauderdale. This high-visibility corridor sees approximately 58,000–61,500 vehicles passing daily, providing constant exposure and steady walk-in traffic.
The business generates over half milliomn annual sales and includes multiple profit centers. It holds a Wine & Beer License and offers Florida Lottery, which other extra income.
The store benefits from low rent of $2,800 monthly with a secure 3-year lease and renewal options,, providing long-term stability for the next owner.
Currently family-operated, the business runs efficiently and could also be transitioned into a semi-absentee operation with the right management structure. It has strong supplier relationships and a loyal, consistent neighborhood customer base developed over more than a decade.
Area Demographics (approx.):1-mile radius: ~14,933 residents, median household income ~$69,400.
3-mile radius: ~169,994 residents with median household income ~$61,402.
Reason for Sale: Owner is retiring from the retail business.
The business generates over half milliomn annual sales and includes multiple profit centers. It holds a Wine & Beer License and offers Florida Lottery, which other extra income.
The store benefits from low rent of $2,800 monthly with a secure 3-year lease and renewal options,, providing long-term stability for the next owner.
Currently family-operated, the business runs efficiently and could also be transitioned into a semi-absentee operation with the right management structure. It has strong supplier relationships and a loyal, consistent neighborhood customer base developed over more than a decade.
Area Demographics (approx.):1-mile radius: ~14,933 residents, median household income ~$69,400.
3-mile radius: ~169,994 residents with median household income ~$61,402.
Reason for Sale: Owner is retiring from the retail business.
Location
State FL
County Broward
Area 3550
Zoning B2
Interior
Heating Central
Flooring Ceramic Tile
Exterior
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11984471
Listed by Canvas Real Estate
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