Exceptional Value-Add Opportunity: Closed Gas Station in South Florida’s Thriving Neighborhood (#)

Industries: 
Gas Station in Hollywood
List Price: $1,750,000
Cap Rate:
NOI: 

Exceptional Value-Add Opportunity: Closed Gas Station in South Florida’s Thriving Neighborhood

Unlock the potential of this strategically located gas station in one of South Florida's dynamic neighborhoods. Built circa 1985 and encompassing a building area of 3,416 sqft, this property presents a unique opportunity to revitalize a valuable asset in a community ripe with potential.

Key Highlights:

  • Current Status: The gas station is currently closed due to a legal dispute between the jobber and the tenant, which has now been resolved. This presents a clean slate for the new owner to reestablish and grow the business.
  • Building Area: Spanning 3,416 sqft, the property offers ample space for diverse business operations.
  • Retail Store Potential: The property includes a retail space that can be leased out, offering an additional revenue stream and attracting a variety of customers.
  • Additional Revenue Streams: Infrastructure is in place for a car wash and/or oil change facility, further enhancing the property’s value and customer appeal.
  • Community Centric Location: Situated in a neighborhood setting, this gas station benefits from being a local staple, ready to serve the needs of the surrounding residential and commercial populace.

This property is not just a gas station; it's a multifaceted business opportunity. Its location and versatile space make it an ideal investment for those looking to make a significant impact in the community and enjoy the benefits of diverse revenue streams.

As a value-add proposition, this property is perfect for investors or entrepreneurs ready to shape and develop a business with their vision. Seize this chance to transform and tailor a prominent local establishment to new heights.

For more information and to explore this unique investment opportunity, please contact us. Step into a world of potential with this neighborhood gas station.

 

Gas Station in Hollywood
Jamil El Srouji
(561) 542-4468
Florida Licensed:
  • Real Estate Broker Sales Associate BK3424645 
  • Community Association Manager CAM56190
  • Certified Building Contractor CBC1266085