Listing IDO6052868
Sold For$1,842,750
SqFt 7,330
Acres 0.430
Year Built1978
Property TypeCommercial Sale
Property Sub TypeRetail
BACK ON THE MARKET! Owner Financing is available up to 50% with 2 years of interest only. Rentals will pay for the mortgage. DON'T MISS THIS OPPORTUNITY! For sale Real Estate and Business included. Zoning: 12 - Mixed use - store / office / residential combination / Retail / Bar / Restaurant. Ideal location is right on I-95, where Key West meets Ft. Lauderdale. Excellent opportunity to continue the Iconic 47 years long -second generation- operated and established landmark "Flossie” business (since 1982). The previous owners just retired, making thousands of customers excited to continue the adventure with new ownership. This turnkey business, "Flossie’s Bar & Grill,” has always been a thriving operation with gross yearly revenue of above $1,000,000.00 on operation only. Additionally, the second floor has 3 vast apartments, all leased. Please call the listing agent for details. The first floor for commercial use is now vacant, but a long-term commercial lease is possible with potential prospects desiring to extend Flossie’s legacy. This floor includes the bar/restaurant space, the kitchen, an office room, 3 bathrooms, an indoor big storage room with coolers and a cooling room, and an outside storage unit. For owner users, large uses are available from Retail to Bar/Restaurant opening a wide range of business opportunities. You can create your new concept or decide to use the “Flossie’s Bar & Grill” trademark. Available Facebook page with about 10,000 fans, many being past customers. For investors, this place is ideally placed nearby the marina, in front of the airport. Ideal investment for long-term commercial lease on floor 1 and residential rents on the second floor with great cap rate. This 7,330 Sqft building is in good condition, enjoying a patio of above 1,000 sqft. The capacity for the restaurant is 120 persons; 2 Cop Licence Beer and Wine is possible. The roof is new and insured. The big parking 35 (minimum) space sits inside an 18,899 sqft lot. This vast building is connected to City water, close to I95, several Marinas, and right in front of Ft Lauderdale airport, storage facilities, and nearby famous seafood restaurants. All equipment, coolers, tables, game chairs, websites, brands, and fixtures convey.
Listed by: Exp Realty Llc 407-204-1111.

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