For Sale
$2,100,000

2401 State Road 7West Park, FL 33023

High-return warehouse, ideal owner-user.

Overview

Added:
Dec 11, 2024
Days on market:
113
This 496 square foot warehouse, located at 2401 S State Rd 7 in West Park, Florida (zip code 33023), presents a compelling investment opportunity. Situated on a sizable 17,739 square foot lot, the property boasts a B-3 Intense Commercial Business District zoning designation. Built in 1969, the building currently houses a month-to-month tenant operating a licensed car dealership, paying $8,000 per month in gross rent—significantly below market value. The asking price is $2,100,000, translating to a price per square foot of $4,233.87. The lease expires on May 31, 2022, offering immediate occupancy for an owner-user seeking to relocate their business. The property includes a small 495 square foot sales office, adding to its versatility. This presents a unique chance to acquire a well-located property in a thriving commercial area, with the potential for substantial rental income or immediate owner-occupancy. The property's location in Broward County, Florida, offers excellent access to major transportation routes and a strong local economy. This is a rare opportunity to acquire a high-return warehouse in a prime location.

Highlights

  • 496 SF warehouse on a 17,739 SF lot in West Park, FL (33023).
  • B-3 zoning in a high-traffic commercial area.
  • Currently leased for $8,000/month (below market) to a month-to-month car dealership; lease expires 5/31/2022.
  • Asking price: $2,100,000 ($4,233.87/SF).
  • Includes a 495 SF sales office.

Property Details for 2401 State Road 7

Property type
Warehouses, Retail properties
Square Feet
496 SF
Year Built
1969

Location Insight

City
West Park
County
Broward
State
Florida
Latitude
25.9888707
Longitude
-80.2060958
2401 State Road 7, West Park, Florida

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2401 State Road 7
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