Description
Established neighborhood grocery store of 2,000 Sqft with over 10 years of successful operation, strategically located on busy W Oakland Park Blvd in Fort Lauderdale. This high-visibility corridor sees approximately 58,000-61,500 vehicles passing daily, providing constant exposure and steady walk-in traffic.The business generates over half milliomn annual sales and includes multiple profit centers. It holds a Wine & Beer License and offers Florida Lottery, which other extra income.The store benefits from low rent of $2,800 monthly with a secure 3-year lease and renewal options,, providing long-term stability for the next owner.Currently family-operated, the business runs efficiently and could also be transitioned into a semi-absentee operation with the right management structure. It has strong supplier relationships and a loyal, consistent neighborhood customer base developed over more than a decade.Area Demographics (approx.):1-mile radius: ~14,933 residents, median household income ~$69,400.3-mile radius: ~169,994 residents with median household income ~$61,402.Reason for Sale: Owner is retiring from the retail business.
Details
| MLS # | A11984471 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 161 |
| Listing Provided By | Canvas Real Estate | Heriberto Jose Rios |
Features
| Zoning | B2 |
|---|
Parking
| Parking Features | Common |
|---|
Location
| Community Features | Shopping |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33311 |
| Area | 3550 |
| Listing VS Median (in 33311) | |
Price: $380,000 low | high Med: $269,500 On site: 161 low | high Med: 195.5 | |
Market Activity 33311
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Fort Lauderdale |
| Zip Code | 33311 |
| Area | 3550 |
| Listing VS Median (in 33311) | |
Price: $380,000 low | high Med: $269,500 On site: 161 low | high Med: 195.5 | |
