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    Property profile & analytics
    OFF-MARKET Estimated value $8,040,000
    Hotels

    1925 Harrison St, Hollywood, FL 33020-5017

    60,582 SF 0.56 ac lot Built 1969
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US18-7964303
    Property summary
    AI-generated overview

    This exceptional 5,145 square foot restaurant space, located within the bustling Harrison Hotel, presents a unique investment opportunity. Situated in the hotel lobby, this single-tenant property enjoys high visibility and convenient access from Hollywood Boulevard and Harrison Street. The space is currently configured as a restaurant, boasting a fully built-out kitchen, complete with a hood and grease trap. While the dining area requires build-out, the existing infrastructure provides a solid foundation for a thriving establishment. The Harrison Hotel itself is a substantial property, encompassing 100 hotel rooms, 25 office and retail units, ensuring a built-in customer base and high foot traffic. This is the only restaurant within the hotel, offering an exclusive position within the complex. The property's versatility extends beyond its current configuration; the space could potentially be adapted to accommodate a spa or other similar businesses. The lease is a triple net lease with additional CAM charges. The property's APN is 514215014610. This is a remarkable opportunity to establish a successful business in a prime Hollywood location.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL
    Year built 1969
    Construction CONCRETE
    Total area 60,582 SF
    Lot 0.56 ac (24,200 SF)
    Zoning code RC-2
    APN 51-42-15-01-4610
    UPID US18-7964303
    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
    Current use
    Occupant on record · Public records
    • Hollywood Hotels Management Hotel & Motel
    • ATM Atm
    • William D. Krieger Psychotherapist
    • The Harrison Hotel Downtown Hollywood Hotel & Motel
    • Mencia Homes Inc Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $7.02M
    Comparable Approach Comparable
    $6.75M
    Blend (final) Blend
    $8.04M
    Owner & transaction history
    Imy 26 LLC · 4 yrs held
    Imy 26 LLC
    since 2021
    Last sale
    $9.2M
    7 recorded transactions
    2021
    $9.2M
    2019
    2016
    2015
    $12.5M
    2010
    2001
    $2.5M
    1969
    Zoning & alternative use
    RC-2 · Hollywood, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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