For Sale
$2,150,000

1821 State Road 7Margate, FL 33063

Turnkey Restaurant, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional, fee-simple restaurant property in Margate, Florida, presents a unique investment opportunity. Located at 1821 N State Rd 7, this Class B, single-tenancy establishment boasts 3,682 square feet of interior space, complemented by an additional outdoor area. Built in 1972 and extensively renovated in 2019, the property sits on a 0.54-acre lot and offers ample parking with 40 spaces, providing a generous parking ratio. The building is zoned TOC-C and enjoys high visibility on a major thoroughfare, experiencing traffic exceeding 55,000 vehicles daily. This prime location in Broward County (APN: 48-41-25-07-0661) benefits from a strong demographic profile and low vacancy rates in the area. The asking price is $2,150,000. Seller financing may be available. This turnkey operation is ready for immediate occupancy and presents an ideal opportunity for a new restaurant concept or continued operation under the current successful model. The property's contemporary design and excellent location make it a highly attractive investment.

Highlights

  • Modern turnkey restaurant on a high-traffic corridor in Margate, FL.
  • Prime location on N State Road 7, visible to over 55,000 vehicles daily.
  • Excellent central Broward County location with strong demographics.
  • Contemporary design appealing to modern patrons.
  • 3,682 SF building on a 0.54-acre lot with 40 parking spaces (13/1000 SF ratio).
  • Strong retail market fundamentals with low vacancy rates.

Property Details for 1821 State Road 7

Property type
Retail properties, Restaurants
Square Feet
3,682 SF
Class
B
Year Built/Renovated
1972/2019
Buildings
1
Lot Size (sq. ft)
23,522 SF

Location Insight

City
Margate
County
Broward
State
Florida
Latitude
26.251214504779
Longitude
-80.201955534095
1821 State Road 7, Margate, Florida

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1821 State Road 7
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