2589 S Park Ln

Pembroke Park, FL 33009

Commercial

Type


$715,000

List Price

0

Beds

0.0

Baths

  • MLS# A10701770
  • MLS# A10701770
  • MLS# A10701770
  • MLS# A10701770
  • MLS# A10701770
  • MLS# A10701770
  • MLS# A10701770
  • MLS# A10701770
  • MLS# A10701770

Property Description

Pembroke Park Homes for Sale. The subject property consists of 5,000 SF of leasable space well situated on a 7,690 Sf lot. The building has a +/- 1000 SF office space, 2 drive-in roll-up street-level doors, and 16' ceilings. Property is located in close proximity to I-95. Liberal M-1 zoning permits most industrial uses. Perfect for an owner-user looking to relocate his business to one of the most rapidly growing markets in South Florida. This property can make a great investment as well. An investor can easily lease this property for a $14 a square foot. This rent will produce $55,750 per year in net income providing an over market capitalization rate of 7.8% on a pro- forma basis. Seller financing is available with 30% down payment at 7.5% annual interest rate, subject to buyer's qualifications.

Property Information

MLS # : A10701770
Community : N/A
Total Acres : N/A
Address : 2589 S Park Ln
City : Pembroke Park
Price : $ 715,000
Property Type : Commercial
Built In : 1968
Postal Code : 33009
County : Broward County

Property Features

Sub Type :
Industrial
Legal :
29-51-42 S 50 OF N 325 OF W1/2 OF NW1/4 OF NE1/4 OF NE1/4 LESS W 181 DESC IN OR 3589/195 AKA:LOT 18,PEMBROKE PARK INDUSTRIAL CENTER (UNR
Pets Allowed :
No
Area :
3070
Gross taxes :
8989
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Listing courtesy of John DeMarco , RE/MAX 5 Star Realty.

MLS # A10701770
$ 715,000

The Day and Jekov Group
RealStoria Level Agent
561-614-5353
sales@realstoria.com
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