Storefront Building with Second-Floor
For Sale
$1,325,000
Pending
1816 Harrison St, Hollywood, FL 33020
Single storefront building with second-floor office or storage space, built in 1957, with three guest facilities.
Property Size4,173 SF
Days on Market2370
Property Features for 1816 Harrison St
General Information
Standard status
Pending
Size
4,173 SF
Property subtype
General Commercial
Additional Details
Floor
Ground Floor, 2
Opportunity Zone
Yes
Amenities
3
Building Details
Year Built
1957
Buildings
1
Stories
2
Listing Agency:
RE/MAX 5 Star Realty
(954) 453-1000
Listed By:
John DeMarco · License #3134747
(954) 453-1000
Source:
Xome
Added: Feb 4, 2020
Changed: Jul 30
Last Checked: Jul 30 at 5:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 5 Star Realty
Investment Insights
Based on property information with market context.
This storefront property totals 4,173 SF, featuring 2,600 SF on the ground floor and an additional 1,573 SF on the second floor that can be used as storage or office. The building was originally built in 1957 and includes three guest facilities. The property has no pool.
Located at 1816 Harrison St in Hollywood, Florida, the site is described as being within an opportunity zone and in the heart of downtown Hollywood. The prior tenant was a long-term check cashing store.
With a ground-floor storefront footprint plus dedicated second-floor space for office or storage, the layout can support retail activity while keeping additional space available for back-of-house needs or administrative use.
Located at 1816 Harrison St in Hollywood, Florida, the site is described as being within an opportunity zone and in the heart of downtown Hollywood. The prior tenant was a long-term check cashing store.
With a ground-floor storefront footprint plus dedicated second-floor space for office or storage, the layout can support retail activity while keeping additional space available for back-of-house needs or administrative use.
Key Highlights
- Total 4,173 SF with 2,600 SF ground‑floor storefront and 1,573 SF second‑floor office or storage
- Second‑floor space suited for storage or office
- Three guest facilities included
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $137.7k | $33.00 |
| − Vacancy | −$30.3k | −$7.26 |
| EGI | $107.4k | $25.74 |
| − OpEx | −$26.9k | −$6.44 |
| NOI | $80.6k | $19.31 |
4,173 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.15M
$1.01M – $1.34M
NOI $80,560 @ 7.0% cap · market cap 6.08%
Second Best
Retail
$829.3K
$725.6K – $967.5K
NOI $58,048 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,273 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,242
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Single storefront building with second-floor office or storage space, built in 1957, with three guest facilities.
Where is this storefront property located?
The property is located at 1816 Harrison St Hollywood, FL.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Total 4,173 SF with 2,600 SF ground‑floor storefront and 1,573 SF second‑floor office or storage; Second‑floor space suited for storage or office; Three guest facilities included