For Sale
$240,000

1905 21St AveFort Lauderdale, FL 33311

High-Traffic Grocery & Meat Market, Great Investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional corner lot retail property in Fort Lauderdale, Florida, presents a lucrative investment opportunity. Located at 1905 NW 21st Ave, 33311, this established grocery store and meat market boasts a prime location with significant street frontage: 175 feet on 21st Avenue and 158 feet on 19th Street. Built in 1958, the property includes a convenient bathroom and office space. The business currently employs three people and offers a diverse range of services including lottery tickets and sports betting. A significant portion of the revenue is generated from leased machines, with profit sharing agreements ranging from 50% to 80%. An ATM is also on-site. The property features a fenced area and ample parking, catering to the high volume of traffic generated by its coveted corner location. A long-term lease is in place. Inventory is included in the sale price of $240,000. The business's potential for visa acquisition is a noteworthy advantage. Note: A non-disclosure agreement is required for access to detailed financial information.

Highlights

  • $240,000 asking price for a Fort Lauderdale retail property.
  • 1958-built convenience store, restaurant, and bar combination.
  • Includes inventory, three employees, and a CBD license.
  • Features lottery ticket sales, sports betting, and an ATM.
  • Corner lot with 175 ft of frontage on 21st Ave and 158 ft on 19th St.
  • Long-term lease in place.

Property Details for 1905 21St Ave

Property type
Retail properties, Bars
Year Built
1958

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.151504
Longitude
-80.170897
1905 21St Ave, Fort Lauderdale, Florida

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1905 21St Ave
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