Mixed-Use Property with Storefront
1816 Harrison Street, Hollywood, FL 33020
For Sale
Contact for pricing
An open interior includes a reception area, polished flooring, high ceilings, and architectural lighting.
Property Size4,794 SF
Price / SF$2.82
Days on Market71
Property Features for 1816 Harrison Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Amenities
expansive storefront glass
high ceilings
polished floors
architectural lighting
premium finishes
reception area
flexible open layout
Building Details
Year Built
Listing Agency:
RE/MAX 5 Star Realty
(954) 361-0000
Listed By:
John DeMarco · License FL #3134747
(954) 453-1000
Source:
Lehmannflorida
Added: Aug 31
Changed: Nov 8
Last Checked: Nov 8 at 6:49AM
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
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Investment Insights
Based on property information with market context.
The commercial space has an open layout with a reception area, expansive storefront windows, high ceilings, polished floors, and architectural lighting. The building dates to 1970, and the interior includes finished surfaces and lighting features suited to its existing commercial configuration.
The property is on Young Circle in downtown Hollywood, with ArtsPark at Young Circle a short walk away. Restaurants, entertainment venues, hotels, offices, and residential developments are in the surrounding area. Street parking and a nearby public garage provide parking options.
The property is on Young Circle in downtown Hollywood, with ArtsPark at Young Circle a short walk away. Restaurants, entertainment venues, hotels, offices, and residential developments are in the surrounding area. Street parking and a nearby public garage provide parking options.
Key Highlights
- Expansive storefront glass
- Open layout with a reception area
- High ceilings, polished floors, and architectural lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,719
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,294,380
$1.3M
Cap Rate 7%
$924,557
$924.6K
Cap Rate 9%
$719,100
$719.1K
Market Conditions
NOI Build-Up for 4,794 SF
Gross rent
$115.1K $24.00/SF
− Vacancy
−$11.5K −$2.40/SF
EGI
$103.6K $21.60/SF
− OpEx
−$38.8K −$8.10/SF
NOI
$64.7K $13.50/SF
Area
Hollywood, FL
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,294,380
Cap Rate 7%
$924,557
Cap Rate 9%
$719,100
Alternative Uses
Best Use
Retail
$952.7K
$833.6K – $1.11M
NOI $66,686 @ 7.0% cap
Second Best
Mixed Use
$924.6K
$809.0K – $1.08M
NOI $64,719 @ 7.0% cap
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,279 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,515
Businesses Nearby
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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
$306,700
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Broward County, FL
Properties on Market for Mixed-use properties in Broward County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An open interior includes a reception area, polished flooring, high ceilings, and architectural lighting.
Where is this mixed-use property located?
The property is located at 1816 Harrison Street Hollywood, FL.
What are key features of this property?
This property features: Expansive storefront glass; Open layout with a reception area; High ceilings, polished floors, and architectural lighting
