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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

238 State Road 7 Margate, FL 33063

925 SF Built 1968
Property ID
Property summary
AI-generated overview

This exceptional 925-square-foot retail property, located at 238 N State Road 7 in Margate, Florida (zip code 33063), presents a lucrative investment opportunity. Built in 1968, this turnkey tavern/pub boasts eight taps, a stand-up freezer, a smaller freezer, an ice machine, and outdoor furniture. The sale includes the existing inventory, details of which are available upon request. The property features a small kitchen and a sizable 400-square-foot outdoor patio, adding to its appeal. The interior space measures approximately 1000 square feet, providing ample room for operations. Currently operating successfully, this establishment benefits from its location near a major intersection, allowing for high visibility and foot traffic. The property is zoned for a 4 AM closing time, offering extended operational hours. This business is easily managed by a sole proprietor with minimal staff, contributing to its efficiency and profitability. The asking price is $89,900. Low rent and operating expenses further enhance the investment potential of this well-established business. The lot size is not specified.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1968
Total area 925 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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