3591 Andrews AveOakland Park, FL 33309

Property Details for 3591 Andrews Ave

Year built

1956

Construction

CONCRETE

Lot size

0.30 AC

Property size (Sq ft)

5,021 SF

Zone code

B-1

Property type

Retail properties

Property subtype

Retail space

APN

49-42-22-09-0630

APU

494222090630

Description

This established Oakland Park, Florida retail business, located at 3591 N Andrews Ave, zip code 33309, presents a unique investment opportunity. Operating successfully since 2013, this combined seafood market and convenience store has cultivated a loyal customer base and enjoys a prime location on Andrews Avenue, ensuring high visibility and consistent foot traffic. The business offers a convenient one-stop shop for fresh seafood and everyday essentials, catering to the needs of the local community. Built in 1992, this business boasts a proven track record of strong revenue and exceptional customer satisfaction, as evidenced by consistently positive online reviews. The asking price is $70,000. While the lot size is not specified, the property's strategic location within a high-traffic area of Oakland Park makes it an attractive proposition for a discerning investor seeking a well-established and profitable retail venture. This turnkey operation provides an immediate opportunity to capitalize on an existing, successful business model within a thriving community. The business is situated in Broward County, Florida.

• CAP approach

  CAP return

  Valuation

  6%

  $2,194,358

  6.5%

  $2,025,561

  7%

  $1,880,878

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,737,926

  Geo Method

  $3,737,926

• Alternative Use

  Use

  Valuation

  Residential

  $1,708,636

  Hospitality

  $1,565,102

  Educational

  $1,302,146

  Medical

  $1,346,929

  Retail

  $2,025,561

Location Insight

City

Oakland Park

County

Broward

State

Florida

Latitude

26.172

Longitude

-80.1469

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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