2990 Sunrise Blvd Fort Lauderdale, FL 33311-5635
- Bars
- 5,625 SF
- 0.58 lot acres
Current Use by Public Records
- Troy's Package & Lounge / Lounge
Property Details for 2990 Sunrise Blvd
- Year built
- 1962
- Construction
- CONCRETE
- Lot size
- 0.58 lot acres
- Property size
- 5,625 SF
- Zone code
- B-3
- Property type
- Bars
- APN
- 50-42-05-05-0830
- APU
- 504205050830
Description
This exceptional commercial property in Fort Lauderdale, Florida, presents a unique investment opportunity. Located at 2990 W Sunrise Blvd, zip code 33311, this mixed-use offering comprises two single-story buildings constructed in 1962, totaling six combined folios. The property boasts a prominent billboard and includes a 4COP liquor license for an established lounge and liquor store operating successfully since 1970. This well-known business benefits from a loyal customer base and enjoys a prime location with an impressive Annual Average Daily Traffic (AADT) exceeding 48,500 vehicles. The asking price is $3,900,000. The flexible zoning allows for a variety of uses, making this an ideal investment for entrepreneurs seeking a high-traffic location with established income streams and significant development potential. The property's classification includes industrial, mixed-use, and land, offering diverse possibilities for future expansion or redevelopment. This is a rare opportunity to acquire a substantial commercial property with a proven track record in a highly desirable area of Fort Lauderdale. The combination of existing business operations and the expansive land holdings makes this a truly unique and compelling investment. Serious inquiries are encouraged.
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
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1853
- Latitude
- 26.1358
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
