1905 - 1909 Harrison St, Hollywood, FL 33020

$4,690,000

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List Price
$4,690,000
Price Change
▼ $310,000 1790114013
MLS#
A12070914
Status
ACTIVE
Type
Commercial

Property Description

Value-add office/retail investment opportunity in the heart of Downtown Hollywood, near Young Circle. 1905–1909 Harrison Street offers approximately 16,833 rentable SF across two floors, with 21 suites and 23 on-site parking spaces. Five suites and the parking lot currently produce rental income, while vacant suites provide an opportunity to increase occupancy, grow rental revenue and improve NOI through active leasing and property management. The business plan centers on targeted suite preparation, cosmetic improvements, enhanced common-area presentation and rent optimization. The small-suite configuration supports an incremental leasing strategy targeting professional offices, personal services, beauty/wellness and medical/dental users, subject to zoning and applicable approvals. An opportunity for investors seeking to create value through operational improvements and stabilization in an established South Florida downtown location. Property is offered As-Is. Buyers and their representatives must independently verify rentable area, suite measurements, leases, income, expenses, property condition, zoning, permitted uses, parking arrangements and all other information. Any projected income or returns are illustrative and are not guaranteed. Offering memorandum available upon request.

Additional Information

Days on Market
60
Tax Amount
$47,974
Parcel Number
514215014680
Lot Size
9,075
Address
1905 - 1909 Harrison St, Hollywood
Year Built
1959
Section
15

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Listing Courtesy of Home-C International Realty LLC, Contact: