About 312-322 Ne 38th Street
Value-add retail strip center located in the heart of Oakland Park's rapidly growing NE 38th Street corridor. 5,562 SF building with 6 tenants including a restaurant, laundromat, retail stores, and tax office. Current rents are significantly below market, offering approximately $44,000/year in upside potential. Recent capital improvements totaling $191,000 include a full roof replacement, new electrical, and new plumbing. Two units are month-to-month providing immediate flexibility for a new owner. Property sits within Oakland Park's Downtown Redevelopment Area — one of Broward County's most active urban growth corridors. All measurements approximate; buyer to verify.
Features of 312-322 Ne 38th Street
| MLS® # | B26025801 |
|---|---|
| Price | $1,450,000 |
| Acres | 0.29 |
| Year Built | 1979 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active Under Contract |
Community Information
| Address | 312-322 Ne 38th Street |
|---|---|
| Area | 3450 |
| City | Oakland Park |
| County | Broward |
| State | FL |
Amenities
| Utilities | Cable Connected, Electricity Connected, Phone Connected, Water Connected |
|---|---|
| Parking | Free |
Interior
| Heating | Central Individual |
|---|---|
| Cooling | Central Air |
| # of Stories | 1 |
Exterior
| Roof | Flat |
|---|---|
| Construction | CBS |
Additional Information
| Zoning | B-1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Canvas Real Estate |
|---|