For Sale
$1,790,000

250 44Th StOakland Park, FL 33334

Turn-key mechanic shop with high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity in Oakland Park, Florida! This turn-key property at 250 NE 44th Street boasts a prime location with high visibility on Prospect Road (22,500 vehicles per day). The property encompasses a 0.40-acre lot (17,400 sq ft) and includes a 3,975 sq ft main building currently operating as a successful mechanic shop with potential to generate $20,000 monthly income. The main building features 3,340 sq ft of workshop space on the first floor and two 1-bedroom/1-bathroom apartments (780 sq ft each) on the second floor. One apartment is currently leased for $1,650 per month. Additionally, a separate 635 sq ft auto shed/garage building is included. The asking price is $1,790,000. This property offers significant redevelopment potential due to its generous lot size and established income stream, making it an ideal investment for both seasoned and new investors seeking a profitable, turn-key operation in a high-traffic area. The property's current configuration and income generation provide immediate return on investment, while the large lot size allows for future expansion or redevelopment opportunities.

Highlights

  • Asking price: $1,790,000.
  • Industrial warehouse property in Oakland Park, FL.
  • 3,975 SF building on a 0.40-acre lot (17,400 SF).
  • Includes two 1-bedroom/1-bathroom apartments, one currently leased for $1,650/month.
  • High traffic location with potential for significant rental income.

Property Details for 250 44Th St

Property type
Warehouses, Industrial properties

Location Insight

City
Oakland Park
County
Broward
State
Florida
Latitude
26.181028
Longitude
-80.143214
250 44Th St, Oakland Park, Florida

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250 44Th St
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