2010 Wilton DrWilton Manors, FL 33305

Property Details for 2010 Wilton Dr

Year built

1962

Construction

CONCRETE

Lot size

0.18 AC

Property size (Sq ft)

1,474 SF

Zone code

A & E DISTRICT

Property type

Retail properties

Property subtype

Turn key restaurants

APN

49-42-27-08-0040

APU

494227080040

Description

This exceptional 4,460-square-foot, two-story restaurant and bar space is available for lease in the vibrant Wilton Manors Arts & Entertainment District. Located on Wilton Drive, this 2023-renovated property boasts a 65-foot frontage, maximizing visibility to the 11,500 vehicles passing daily. The fully equipped space includes two full liquor bars (with a transferable license), a sushi station, beer taps, a full kitchen, ample refrigeration, four private bathrooms, an ADA-compliant elevator, a manager's office, and a hand-washing station. Nine on-site parking spaces are complemented by nearby public parking at City Hall and Hagen Park. The property sits on a 7,960-square-foot lot (.182 acres) and features a unique rooftop lounge, offering a memorable customer experience. The building's prime location within the Arts & Entertainment District ensures high foot traffic and proximity to numerous restaurants, shops, and other attractions. Property taxes are $4.84 per square foot. This turnkey operation presents a rare opportunity to establish a thriving business in a highly desirable location. The building was constructed in 1972 and underwent a complete renovation in 2023. The zoning is Arts and Entertainment District (A&E Zoning), and the APN is 4942-27-08-0040.

• CAP approach

  CAP return

  Valuation

  6%

  $644,191

  6.5%

  $594,638

  7%

  $552,164

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,097,332

  Geo Method

  $1,097,332

• Alternative Use

  Use

  Valuation

  Residential

  $501,599

  Hospitality

  $459,462

  Educational

  $382,267

  Medical

  $395,414

  Retail

  $594,638

Location Insight

City

Wilton Manors

County

Broward

State

Florida

Latitude

26.1532

Longitude

-80.1402

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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