For Sale
$670,000

571-573 27Th Ave Fort Lauderdale, FL 33312

Prime Riverland Location, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 2,000 square foot retail storefront in Fort Lauderdale, Florida, presents a unique owner-user or investment opportunity. Located at 571-573 SW 27th Ave, this single-story, 1963-built building (renovated in 2015) sits on a 0.1-acre lot and is zoned B2. Currently operating as a 100% occupied pawn and gun shop with three separate units (each with its own water and electric meter), the property offers significant potential. The building comprises two storefronts and a one-bedroom suite, easily convertible back into three independent rental units. Its strategic location on a busy street in the Riverland area provides excellent visibility and accessibility, with proximity to I-95 and major highways. The area is experiencing substantial growth, fueled by multi-million dollar developments, including a new Walmart complex and numerous public and private investments in residential and retail projects, as well as infrastructure improvements within a one-mile radius. The nearest competing gun shop is approximately one mile away. Inventory, equipment, and licenses are available for separate negotiation. This property represents a compelling investment in a rapidly developing area.

Highlights

  • 2,000 SF retail storefront in Fort Lauderdale, FL, at 571-573 SW 27th Ave.
  • Single-story building (1963, renovated 2015) on a 0.1-acre lot, B2 zoning.
  • Currently a 100% occupied pawn and gun shop with three units (separate utilities).
  • Convertible to three independent rental units; includes two storefronts and a one-bedroom suite.
  • Excellent visibility and accessibility on a busy street near I-95; high-growth Riverland area.
  • Inventory, equipment, and licenses available separately.

Property Details for 571-573 27Th Ave

Property type
Retail properties, Retail space
Square Feet
2,000 SF
Class
C
Year Built/Renovated
1963/2015
Buildings
1
Stories
1
Lot Size (sq. ft)
4,356 SF
Units
3

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.114269
Longitude
-80.178219

FAQs

What type of property is this?
Retail property - Prime Riverland Location, High Occupancy
Where is the retail property located?
The property is located at 571-573 27Th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: 2,000 SF retail storefront in Fort Lauderdale, FL, at 571-573 SW 27th Ave.; Single-story building (1963, renovated 2015) on a 0.1-acre lot, B2 zoning.; Currently a 100% occupied pawn and gun shop with three units (separate utilities).
How can I contact the broker?
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571-573 27Th Ave
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