123 Main StPlantation, FL 33317

This exceptional investment opportunity encompasses a thriving auto repair business and its accompanying real estate in Plantation, Florida. The property, located at 123 Main St, Fort Lauderdale, FL 33317, boasts a prime location on a busy road with high visibility in a densely populated area of Broward County. The 1.13-acre lot features three buildings totaling 10,479 square feet, including a 7,300 square foot main repair shop equipped with six bays, six car lifts, and two external truck lifts. A 13,000 square foot fenced lot provides ample overnight car storage. An additional 3,300 square foot building is currently leased, with potential for vacancy. The property is zoned B-HC, offering versatile redevelopment options including retail, quick-service restaurants, urgent care facilities, and multi-family housing. The established auto repair business, operating for over 35 years, presents a strong owner-user opportunity or a lucrative investment prospect. The asking price is $4,300,000, with a 7.76% cap rate and a net operating income (NOI) of $333,500. Seller financing is available. This fee-simple property represents a rare combination of established income and significant future development potential in a high-demand location. The property's Class C designation reflects its current condition, offering an investor the chance to add value through improvements or redevelopment.