ONLY Business For Sale No Building | 924 NE 4th Ave
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ONLY Business For Sale No Building 924 NE 4th Ave
971 SF 100% Leased Retail Building Fort Lauderdale, FL 33304 $199,000 ($205/SF) 25% Cap Rate
Investment Highlights
- Heavy Daytime Traffic.
- Access to nearby amenities.
- In a vibrant neighborhood of Fort Lauderdale.
- Dining, shopping, and entertainment options nearby.
Executive Summary
Car Dealership with License for Sale in Fort Lauderdale
Asking Price: 199.000$
Includes Dealer license
All fixtures necessary to conduct Business
Location: Prime Fort Lauderdale, FL
Overview:
This well-established car dealership has been successfully operating for over 60 years at the same prime location. With a capacity for 60+ vehicles, this business is perfectly positioned for continued success in the vibrant automotive market.
Key Features:
Established Business: Over 60 years of operation with a loyal customer base and strong community reputation.
Licensed Dealership: Fully licensed and compliant with all local and state regulations.
Capacity for 60+ Cars: Ample space for inventory, ensuring a diverse selection for customers.
Prime Location: Strategically situated in the heart of Fort Lauderdale, ensuring high visibility and easy access for customers.
Office Facilities: Well-equipped office space for administrative tasks, customer service, and sales operations.
Upside Potential:
Buy Here, Pay Here Program: Implementing a Buy Here, Pay Here (BHPH) financing option could significantly increase sales and attract a broader customer base, leading to a strong return on investment (ROI).
Expanded Services: Opportunities to diversify services, such as auto repairs or detailing, to enhance revenue streams.
This is a rare opportunity to acquire a reputable dealership in a bustling market with significant growth potential. Contact us today for more
Asking Price: 199.000$
Includes Dealer license
All fixtures necessary to conduct Business
Location: Prime Fort Lauderdale, FL
Overview:
This well-established car dealership has been successfully operating for over 60 years at the same prime location. With a capacity for 60+ vehicles, this business is perfectly positioned for continued success in the vibrant automotive market.
Key Features:
Established Business: Over 60 years of operation with a loyal customer base and strong community reputation.
Licensed Dealership: Fully licensed and compliant with all local and state regulations.
Capacity for 60+ Cars: Ample space for inventory, ensuring a diverse selection for customers.
Prime Location: Strategically situated in the heart of Fort Lauderdale, ensuring high visibility and easy access for customers.
Office Facilities: Well-equipped office space for administrative tasks, customer service, and sales operations.
Upside Potential:
Buy Here, Pay Here Program: Implementing a Buy Here, Pay Here (BHPH) financing option could significantly increase sales and attract a broader customer base, leading to a strong return on investment (ROI).
Expanded Services: Opportunities to diversify services, such as auto repairs or detailing, to enhance revenue streams.
This is a rare opportunity to acquire a reputable dealership in a bustling market with significant growth potential. Contact us today for more
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
971 SF
Building Class
C
Year Built
1958
Price
$199,000
Price Per SF
$205
Cap Rate
25%
NOI
$49,750
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Land Acres
0.07 AC
Opportunity Zone
Yes
Zoning
B-2 - NWRAC-MUne - NW REGIONAL ACTIVITY CENTER - MIXED USE NE
Parking
12 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
53 FT on NE 4th Ave
Amenities
- Dedicated Turn Lane
- Fireplace
- Air Conditioning
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (78)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $148,460 | |
| Land Assessment | $244,820 | Total Assessment | $418,120 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$244,820
Improvements Assessment
$148,460
Total Assessment
$418,120
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Jason Souwed - LUX Properties International LLC
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ONLY Business For Sale No Building | 924 NE 4th Ave
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