238 State Road 7 Margate, FL 33063
- Retail properties
- 925 SF
Current Use by Public Records
- Retail properties
Property Details for 238 State Road 7
- Year built
- 1968
- Property size
- 925 SF
- Property type
- Retail properties
Description
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.
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
- Margate
- County
- Broward
- State
- Florida
- Longitude
- -80.2042
- Latitude
- 26.2551
