Property Description
Value-add retail strip center located in the heart of Oakland Park’s rapidly growing NE 38th Street corridor. 5,562 SF building with 6 tenants including a restaurant, laundromat, retail stores, and tax office. Current rents are significantly below market, offering approximately $44,000/year in upside potential. Recent capital improvements totaling $191,000 include a full roof replacement, new electrical, and new plumbing. Three units are month-to-month providing immediate flexibility for a new owner. Property sits within Oakland Park’s Downtown Redevelopment Area — one of Broward County’s most active urban growth corridors. All measurements approximate; buyer to verify.
Features
- Heating System
- Cooling System
- Parking Features
- Roof:
- Tile, Flat
- Sewer
Address Map
- State:
- FL
- County:
- Broward
- City:
- Oakland Park
- Zipcode:
- 33334
- Street:
- 312-322 Ne 38th Street, Oakland Park, Florida 3333
- Longitude:
- W81° 51' 52.1''
- Latitude:
- N26° 10' 26.5''
MLS Addon
- Building Area:
- 5,562 Sqft
- Business Type
- Construction Materials:
- Block
- Cumulative DOM:
- 40
- DOM:
- 40
- Electric
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 494222040020
- Stories Total:
- 1
- Tax Annual Amount:
- $21,652
- Utilities
Commercial Sale For Sale
312-322 Ne 38th Street, Oakland Park, Florida 3333, Oakland Park, Florida 33334
$1,700,000
MLS # #B26025801
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,700,000
- Year Built :
- 1979
- MLS # :
- B26025801
- Property Sub Type :
- Retail
