2055 Liberty StHollywood, FL 33020

Property Details for 2055 Liberty St

Year built

1973

Property size (Sq ft)

19,448 SF

Property type

Office properties

Property subtype

Other office properties

Description

This exceptional 19,448-square-foot freestanding office building is situated on a sizable 0.73-acre lot (32,217 sq ft) in desirable East Hollywood, Florida. Located directly on Dixie Highway, this two-story Class C building, constructed in 1973, offers significant potential for investors and owner-users alike. Currently vacant, the property boasts a projected 6.79% capitalization rate and a pro-forma net operating income (NOI) of $441,664, making it an attractive investment opportunity. The asking price is $6,500,000, translating to $334.22 per square foot. The property features 25 parking spaces and benefits from liberal DH-3 zoning, permitting a wide range of uses and encouraging new development with generous height restrictions. A unique aspect of this property is its pre-approved status as a gun range, presenting a distinct advantage in the market. This prime location and flexible zoning make it ideal for redevelopment, repositioning, or owner-occupancy. The building's size and location offer excellent visibility and accessibility, making it a compelling option for businesses seeking a prominent presence in East Hollywood. Serious inquiries are encouraged.

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.031

Longitude

-80.149

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