1401 S Andrews Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1401 S Andrews Ave
2,500 SF Retail Building Fort Lauderdale, FL 33316 $4,961,145 CAD ($1,984 CAD/SF)
Investment Highlights
- Redevelopment potential for up to 53,000 square foot lot SRAC zoning
- Blocks from new Courthouse
- Potential Joint venture for redevelopment
Executive Summary
Property Highlights
• Prime Location: Situated on South Andrews Avenue, a popular and bustling area in Fort Lauderdale. This location offers high visibility oappealing to both locals and tourists.
• Two-Story Rooftop Design: Bar Rita’s two-story rooftop structure provides a unique dining experience. The upper-level rooftop gives guests an open-air, elevated view of the city, ideal for a vibrant ambiance, especially during evenings and weekends.
• Square Footage: Each floor spans approximately 2,000 square feet, totaling 4,000 square feet. This ample space accommodates various seating arrangements, events, or even private parties.
Interior & Amenities
• Full Commercial Kitchen: A fully-equipped, commercial-grade kitchen ready for a high-volume restaurant operation, supporting a wide variety of culinary concepts.
• Large Outdoor Seating Area: Perfect for Florida’s climate, the outdoor seating area enhances the property’s capacity and appeal, ideal for patrons looking for an al fresco dining experience.
Additional Opportunities
• Adjacent Lot Option: There’s an option to purchase or lease the adjacent lot behind the property, offering additional space for parking, expansion, or further development.
• Flexible Usage: The property’s design and amenities are versatile, making it suitable for a variety of uses beyond just a restaurant. It could serve as a bar, lounge, event space, or even host pop-up culinary events.
Investment Potential
• Turnkey Business: This property allows for a relatively quick setup due to its full kitchen and established infrastructure.
• Rooftop Trend Appeal: Rooftop dining has become increasingly popular, particularly in warm-weather cities like Fort Lauderdale, making it an attractive option for potential buyers seeking a trendy and profitable venue.
This opportunity combines a unique property layout, a prime location, and expansion possibilities, making it a rare find in the Fort Lauderdale area. Let me know if you’d like further details on any specific aspects!
• Prime Location: Situated on South Andrews Avenue, a popular and bustling area in Fort Lauderdale. This location offers high visibility oappealing to both locals and tourists.
• Two-Story Rooftop Design: Bar Rita’s two-story rooftop structure provides a unique dining experience. The upper-level rooftop gives guests an open-air, elevated view of the city, ideal for a vibrant ambiance, especially during evenings and weekends.
• Square Footage: Each floor spans approximately 2,000 square feet, totaling 4,000 square feet. This ample space accommodates various seating arrangements, events, or even private parties.
Interior & Amenities
• Full Commercial Kitchen: A fully-equipped, commercial-grade kitchen ready for a high-volume restaurant operation, supporting a wide variety of culinary concepts.
• Large Outdoor Seating Area: Perfect for Florida’s climate, the outdoor seating area enhances the property’s capacity and appeal, ideal for patrons looking for an al fresco dining experience.
Additional Opportunities
• Adjacent Lot Option: There’s an option to purchase or lease the adjacent lot behind the property, offering additional space for parking, expansion, or further development.
• Flexible Usage: The property’s design and amenities are versatile, making it suitable for a variety of uses beyond just a restaurant. It could serve as a bar, lounge, event space, or even host pop-up culinary events.
Investment Potential
• Turnkey Business: This property allows for a relatively quick setup due to its full kitchen and established infrastructure.
• Rooftop Trend Appeal: Rooftop dining has become increasingly popular, particularly in warm-weather cities like Fort Lauderdale, making it an attractive option for potential buyers seeking a trendy and profitable venue.
This opportunity combines a unique property layout, a prime location, and expansion possibilities, making it a rare find in the Fort Lauderdale area. Let me know if you’d like further details on any specific aspects!
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
C
Year Built/Renovated
1950/2018
Price
$4,961,145 CAD
Price Per SF
$1,984 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.20
Lot Size
0.29 AC
Zoning
SRAC - Zoned SRAC
Frontage
162 ft on S Andrews Ave
Amenities
- Bus Line
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (82)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 50-42-15-10-1410 | Improvements Assessment | $2,002,732 CAD |
| Land Assessment | $438,092 CAD | Total Assessment | $2,440,825 CAD |
PROPERTY TAXES
Parcel Number
50-42-15-10-1410
Land Assessment
$438,092 CAD
Improvements Assessment
$2,002,732 CAD
Total Assessment
$2,440,825 CAD
1 of 20
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1401 S Andrews Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.