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3547-3553-3555 N Dixie Hwy

3 Retail Properties Offered at $3,132,805 CAD in Oakland Park, FL

Executive Summary

Seller motivated! Three separate buildings on three contiguous lots in the heart of Downtown Oakland Park. Total building area 4,114 sf. Total lot size 9,871 sf. 3553 N Dixie Hwy-1,000 sf bar/retail with 1,200 sf of patio seating area. 3555 N Dixie Hwy-1,100 sf restaurant/bar (with kitchen-no hood) and 450 sf of patio seating area. 3547 N Dixie Hwy-2,000 sf vacant shell/storage space with a private driveway of off Dixie Hwy and 2,500 sf of patio seating area. 3547 is in need of renovation in order to obtain an occupancy permit (Seller has obtained City approval for the exterior renovations - drawings attached - but Purchaser does not have to adhere to Seller's approved plans and can resubmit and create something completely different). 3553 and 3555 were fully renovated in 2021 and net $85k/yr. Each building has a dedicated trash enclosure and private access to the public parking lot behind the buildings. The properties are located within 2 blocks of the new Sky Building and the upcoming Horizon project which will have a combined 500 apartment units, 50,000 sf of retail space, and over 600 parking spaces. There is the potential for an owner-user or investor to renovate 3547 while receiving substantial cash flow from the existing tenants; or build up to 5 stories. 3547 is eligible for a grant of up to $35k from the City to improve the building. All three buildings have 100 ft of frontage on Dixie Hwy. Total building area 4,114 sf with over 4,000 sf of patio seating area. See attachments for more detailed information about each building. Do not disturb tenants. By appointment only.

Property Facts

Price $3,132,805 CAD
Price / SF $761.50 CAD / SF
Sale Conditions Bulk/Portfolio Sale
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 4,114 SF
Total Land Area 0.40 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3553 N Dixie Hwy, Oakland Park, FL 33334 Retail 1,000 SF 1961 -
3555 N Dixie Hwy, Oakland Park, FL 33334 Retail 1,061 SF 1961 -
3547 N Dixie Hwy, Oakland Park, FL 33334 Retail 2,053 SF 1959 -
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  • Listing ID: 34320691

  • Date on Market: 2024-12-30

  • Last Updated:

  • Address: 3547-3553-3555 N Dixie Hwy, Oakland Park, FL

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