Hallandale Bch Blvd Hallandale Beach, FL 33
- Retail properties
- 1,075 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Hallandale Bch Blvd
- Year built
- 1973
- Property size
- 1,075 SF
- Property type
- Retail properties
- Property subtype
- Bars
Description
This exceptional 1,075 square foot bar located on Hallandale Beach Blvd in Broward County, Florida, presents a lucrative investment opportunity. Built in 1973, this established business boasts a strong online presence with 330+ reviews averaging 4.5 stars on Google. Currently vacant, the property is offered at $600,000 with a compelling 40% cap rate. The gross lease has 5 years remaining, offering significant long-term potential. The fully equipped bar features a kitchen, grease trap, and 49 seats (indoor and outdoor). The sale includes all permits and licenses, a beer and wine license, the established business name, and its existing online presence. The business model includes hookah, exotic teas, food service, and DJ nights. This turnkey operation is ready for a new owner to step in and capitalize on its loyal clientele and proven profitability. The property's prime location ensures high traffic and visibility, making it an ideal acquisition for an experienced entrepreneur seeking a well-established and profitable business. The current occupancy rate is 49%.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hallandale Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1469
- Latitude
- 25.9859
