Retail / Restaurant / Office

702-704 Northeast 1st Avenue, Fort Lauderdale, FL 33304

  • For Sale $4,750,000
  • Property Type Retail - Street Retail
  • Property Size 8,864 SF
  • Units 3
  • Lot Size 0.26 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1980
  • Date Updated Oct 12, 2024
Retail / Restaurant / OfficeRare opportunity to purchase a 2nd generation Bar & Restaurant in Flagler Village Fort Lauderdale. The property is centrally located between two of the largest planned developments in Flagler Village, Hines FAT Village & AIMCO’s Searstown redevelopments. Combined the two projects plan on containing 1,647 residential units, 188 hotel units, 719,895 square feet of office, retail, and commercial units. The property will be delivered vacant, making it suitable for both owner-users and investors. The neighborhood faces a very high barrier to entry for new restaurants and bars with very few remaining spaces suitable for the use, making this property especially attractive, and saving considerable time and money for the next owner. The property is located just down the street from Las Olas Blvd, Downtown Central Business District, and is walking distance to over several thousand residential units. Additionally there are several more thousand residential units currently planned or already underway. The area has experienced tremendous growth in recent years and is frequently compared to Miami’s Wynwood neighborhood. With multiple $500+ million dollar developments occurring in the neighborhood simultaneously this represents one of the few freestanding options available for purchase and a rare opportunity to own a part of this growing market.

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Attachments

Highlights

  • Second Generation Restaurant
  • Onsite + Street Parking
  • High barrier to entry for new restaurants and bars

Contacts

broker

Jaime Sturgis

Native Realty

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise
  • Transit Score ®

    52/100 Good Transit
  • Bike Score ®

    69/100 Bikeable
Powered by Walk Score ®
  • City Fort Lauderdale, FL
  • Neighborhood Flagler Village
  • Zip Code 33304
  • Market Fort Lauderdale

Points of Interest

  • Fort Lauderdale

    0.58 miles

  • Esplanade Park

    0.90 miles

  • River House

    1.00 miles

  • Sheridan Street

    7.09 miles

  • Tesla Supercharger

    0.09 miles

  • 7-Eleven

    0.52 miles

  • Shell

    0.74 miles

  • Sunoco

    0.77 miles

  • Speedway

    0.80 miles

  • Mobil

    1.45 miles

  • Marathon

    1.58 miles

  • ChargePoint Charging Station

    7.13 miles

  • Sunrise Town Center

    7.43 miles

  • Arts & Science District Garage

    0.84 miles

  • Publix

    0.93 miles

  • CVS

    1.60 miles

  • Galleria

    1.70 miles

  • East Parking Lot

    1.84 miles

  • Main Office Parking #2

    1.86 miles

  • Galleria Parking

    1.87 miles

  • Main Office Parking Lot #1

    1.88 miles

  • Sebastian Lot (Handicap only)

    2.44 miles

  • Fort Lauderdale Beach Parking

    2.69 miles

  • Sistrunk Marketplace & Brewery

    0.21 miles

  • Patio Bar & Pizza

    0.25 miles

  • The Whole Enchilada

    0.31 miles

  • 925 Nuevo's Cubano's

    0.31 miles

  • Jalisco

    0.33 miles

  • Chick'n Cone

    0.34 miles

  • McDonald's

    0.34 miles

  • Poke Lolo

    0.35 miles

  • Checkers

    0.37 miles

  • Subway

    0.37 miles

  • Aldi

    0.37 miles

  • Winn-Dixie

    0.39 miles

  • The Fresh Market

    0.50 miles

  • Pet Supermarket

    0.62 miles

  • Publix

    0.81 miles

  • Presidente Supermarket

    0.90 miles

  • Macy's

    1.71 miles

  • Trader Joe's

    1.84 miles

  • The Galleria at Fort Lauderdale

    1.85 miles

  • Dillard's

    1.88 miles

Frequently Asked Questions

How much does Retail / Restaurant / Office cost?

The space currently listed for sale at Retail / Restaurant / Office asks for $4,750,000.

What is the total square footage of Retail / Restaurant / Office?

Retail / Restaurant / Office totals 8,864 square feet.

When was this property built?

Retail / Restaurant / Office was built in 1980.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Jaime Sturgis

Native Realty