691 Federal Hwy Deerfield Beach, FL 33441-4142
- Retail space
- 4,040 SF
- 0.39 lot acres
Current Use by Public Records
- Retail space
Property Details for 691 Federal Hwy
- Year built
- 1969
- Construction
- CONCRETE
- Lot size
- 0.39 lot acres
- Property size
- 4,040 SF
- Zone code
- B-2
- Property type
- Retail space
- APN
- 48-43-06-00-0993
- APU
- 484306000993
Description
This exceptional retail opportunity presents a thriving liquor store located at 691 S Federal Hwy, Deerfield Beach, FL 33441, in Broward County. Built in 1970, this freestanding building within a shopping center boasts ample dedicated parking. The asking price is $1,249,999. This established business, operating successfully for 17 years, offers a consistent year-over-year sales history and a loyal customer base, providing immediate revenue potential for the new owner. The owner's retirement is the reason for sale. The property is fully equipped with modern coolers, shelves, and wine racks, along with dedicated storage space. Beyond its current strong performance, significant growth opportunities exist. The new owner can leverage untapped potential through local marketing initiatives, extended operating hours, the addition of third-party delivery services (like DoorDash or Uber Eats), hosting customer events or tastings, and even installing an ATM. These strategies offer substantial avenues for increasing profitability and solidifying the store's position within the community. This turnkey operation presents a rare chance to acquire a well-established, profitable business with considerable upside.
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
- Deerfield Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.0934
- Latitude
- 26.309
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
