5801 Wiley StHollywood, FL 33023

Property Details for 5801 Wiley St

Year built

1972

Construction

CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

4,250 SF

Zone code

S-MU

Property type

Industrial properties

Property subtype

Other warehouses

APN

51-41-24-10-0750

APU

514124100750

Description

Exceptional investment opportunity: a fully operational commissary kitchen and established food manufacturing business in Hollywood, Florida. This turnkey property boasts 4,250 square feet of space within a 1-story, 1972-built warehouse, extensively renovated in 2017. The building sits on a 5.244-acre lot and includes 7 parking spaces, two loading docks, and an 18-foot ceiling height. The property features a well-equipped kitchen, industrial freezer, cooler, and office space, all ready for immediate use. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $120,000, with a pro-forma NOI of $130,000, resulting in a 4.44% cap rate and a pro-forma cap rate of 4.81%. The asking price is $2,700,000, translating to $635.29 per square foot. The property is zoned S-MU and includes all necessary equipment and inventory. This is a rare chance to acquire a profitable, established business with significant upside potential. The property's APN is 5141-24-10-0750, located at 5801 Wiley St, Hollywood, FL 33023. The sale includes the building, business, equipment, and all inventory.

• Alternative Use

  Use

  Valuation

  Residential

  $1,400,106

  Hospitality

  $1,282,489

  Educational

  $1,067,016

  Medical

  $1,103,712

  Retail

  $1,659,803

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

25.9984

Longitude

-80.2032

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].