Description
This landmark building is the former famous Hemingway's bar and lounge. Located in the heart of Downtown Hollywood Florida, this building is situated in an A+++ location.This property has undergone extensive improvements: new bathroom, new central AC system, new roof paint and much more. The first floor consists of 5,500 square feet which is leased to Runa's Restaurant. The second floor which is 5000 sf can be leased for an office at $18 per s/f NNN. When fully leased this building will be netting $178,336 a year providing an investor with a strong 6.48% capitalization rate. Please call for additional information or to receive an offering package, do not disturb this property or business.
School Ratings & Info
Description
This landmark building is the former famous Hemingway's bar and lounge. Located in the heart of Downtown Hollywood Florida, this building is situated in an A+++ location.This property has undergone extensive improvements: new bathroom, new central AC system, new roof paint and much more. The first floor consists of 5,500 square feet which is leased to Runa's Restaurant. The second floor which is 5000 sf can be leased for an office at $18 per s/f NNN. When fully leased this building will be netting $178,336 a year providing an investor with a strong 6.48% capitalization rate. Please call for additional information or to receive an offering package, do not disturb this property or business.
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