309 N State 7 Road
$990,000, .41 Acres
About This Property
New to market, this freestanding established prime building is located just two blocks South of one of the busiest intersections in Broward County with a 115,000 daily car count. The retail building is configured as a restaurant with a proven revenue stream that has been established since 1978 with a loyal customer base and prime location. The lot is 100'X179 and is easily accessible off 441-St.Rd.7 and has ample parking for 26 cars. The restaurant has a seating capacity of 65 and comes with all equipment. The current tenant has a 10 year lease with two five year options and yearly 3% rent increases. The building is ADA compliant and the roof was recently siliconized and the parking lot blacktopped. Seller open to financing.Seller is licensed real estate agent.
Essential Information
Community Information
Amenities
Utilities
Gas Natural, Public Sewer, Public Water
Interior
Appliances
Building and Land, Equipment, Fixtures
Exterior
Additional Information
Listing Details
309 N State 7 Road, Margate (MLS® #RX-10926565) Property History
Price Reduced from $1,190,000 to $1,090,000
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Listing information last updated on May 18th, 2024 at 5:30am CDT.