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3547-3553-3555 N Dixie Hwy 3 Retail Properties Offered at $3,036,126 CAD in Oakland Park, FL

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INVESTMENT HIGHLIGHTS

  • Unique 3 building portfolio in the heart of Downtown Oakland Park- Opportunity Zone
  • 2 blocks from the new Sky and Horizon projects which have over 500 apartments, 30,000 sf of retail and 600 parking spaces
  • 3 Retail/Bar/Restaurant buildings - 4,114 Total SF with over 3,700 sf of outdoor seating/entertainment area
  • 10,000 sf total lot size, zoning allows up to 5 stories. Significant retail/restaurant, hotel, office or mixed-use redevelopment potential

EXECUTIVE SUMMARY

Three commercial buildings in the heart of Downtown Oakland Park. 3547 N Dixie Hwy - 2,053 sf building shell/storage space with a private driveway and 2,000 sf courtyard. 3553 N Dixie Hwy - 1,061 sf bar/retail with 1,250 sf of outdoor seating. 3555 N Dixie Hwy - 1,100 sf restaurant/bar with 450 sf of outdoor seating. 3553 and 3555 are currently NNN leased and net $85k/year. All three buildings total 4,114 interior sf and have over 3,700 sf of outdoor seating/entertainment area. 3547 requires exterior renovations/interior build-out in order to obtain an occupancy permit (Seller has obtained design approval from the City for a new facade - elevations and new floor plan are attached - or Buyer can create their own vision for the building/properties). A grant of up to $35k is available from the City for improvements. An owner-user or investor could renovate and operate 3547, or lease it, while receiving substantial cash flow from the existing tenants. The possibilities are endless for this unique portfolio. Each building has its own tax folio, city water and sewer, and private access to the public parking lot behind the buildings. The properties are located in an Opportunity Zone and are within 2 blocks of the new Sky and Horizon projects which will have 500+ apartments, 30,000 sf of retail space, and 600 parking spaces. Zoning is "Downtown Core" (anything from restaurant/bar/retail/office, etc.), and future development allows up to 5 stories. See attachments for more detailed information about each building. Do not disturb tenants. By appointment only. No Seller financing.

PROPERTY FACTS

Price $3,036,126 CAD
Price / SF $738.00 CAD / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 4,114 SF
Total Land Area 0.40 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
3547 N Dixie Hwy, Oakland Park, FL 33334 Retail 2,053 SF 1959 -
3555 N Dixie Hwy, Oakland Park, FL 33334 Retail 1,061 SF 1961 -
3553 N Dixie Hwy, Oakland Park, FL 33334 Retail 1,000 SF 1961 -
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  • Listing ID: 34320691

  • Date on Market: 2024-12-30

  • Last Updated:

  • Address: 3547-3553-3555 N Dixie Hwy, Oakland Park, FL

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