707 Dixie Hwy Hallandale Beach, FL 33009

Exceptional investment opportunity in Hallandale Beach, Florida, presents a 4,850 square foot warehouse ideally situated on a 13,753 square foot lot with direct frontage on North Dixie Highway. This single-tenant, Class C industrial property boasts 15-foot high ceilings and two street-level roll-up doors, enhancing functionality and accessibility. The building also includes a well-maintained office area complete with a waiting room. Currently operating at 100% occupancy, the property generates a pro-forma NOI of $200,000, representing a 6.99% pro-forma cap rate on the $2,860,000 asking price. The $589.69 per square foot price reflects the property's prime location and unique features. Zoned Central RAC, the property's permitted uses are diverse, encompassing office, retail, multifamily, and restaurant possibilities. A significant advantage is its grandfathered approval for auto collision, mechanic, and auto dealership operations, a rare and highly desirable attribute in this market. The sale encompasses the business value, licenses, equipment, and inventory, providing a seamless transition for the new owner. This fully fenced property presents a turnkey operation with immediate income potential. The building was constructed in 1965 and is located in Broward County, Florida, zip code 33009.