For Sale
$2,700,000

5801 Wiley StHollywood, FL 33023

Profitable Ghost Kitchen, Fully Equipped

Overview

Added:
Dec 11, 2024
Days on market:
113
Exceptional investment opportunity: a fully operational commissary kitchen and established food manufacturing business in Hollywood, Florida. This turnkey property boasts 4,250 square feet of space within a 1-story, 1972-built warehouse, extensively renovated in 2017. The building sits on a 5.244-acre lot and includes 7 parking spaces, two loading docks, and an 18-foot ceiling height. The property features a well-equipped kitchen, industrial freezer, cooler, and office space, all ready for immediate use. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $120,000, with a pro-forma NOI of $130,000, resulting in a 4.44% cap rate and a pro-forma cap rate of 4.81%. The asking price is $2,700,000, translating to $635.29 per square foot. The property is zoned S-MU and includes all necessary equipment and inventory. This is a rare chance to acquire a profitable, established business with significant upside potential. The property's APN is 5141-24-10-0750, located at 5801 Wiley St, Hollywood, FL 33023. The sale includes the building, business, equipment, and all inventory.

Highlights

  • Folio #: 5141-24-10-0750
  • 5801 Willey St, Hollywood, FL 33023
  • 5,244 SF lot
  • 4,250 SF building (50' x 85')
  • 7 parking spaces
  • 18' ceiling height

Property Details for 5801 Wiley St

Property type
Warehouses, Industrial properties
Square Feet
4,250 SF
Class
C
Year Built/Renovated
1972/2017
Buildings
1
Stories
1
Lot Size (sq. ft)
228,428,640 SF
Units
1

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
25.9984723
Longitude
-80.2032305
5801 Wiley St, Hollywood, Florida

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5801 Wiley St
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