Commonwealth Commons a 19,167 square foot iconic premier office building.
The Property consists of an 96% occupied, three-story, multi-tenant office building. The surrounding Coral Ridge area is home to a number of executives who reside in waterfront neighborhoods where housing prices typically range from $2M to over $15M
The offering provides a unique opportunity for an investor to acquire a well located, cash flowing office building, either taking over the operation of the executive suite business or retain the current operator. Additional potential future upside could be captured through spinning off the additional development of condo building.
Great redevelopment potential
The Property consists of an 96% occupied, three-story, multi-tenant office building. The surrounding Coral Ridge area is home to a number of executives who reside in waterfront neighborhoods where housing prices typically range from $2M to over $15M
The offering provides a unique opportunity for an investor to acquire a well located, cash flowing office building, either taking over the operation of the executive suite business or retain the current operator. Additional potential future upside could be captured through spinning off the additional development of condo building.
Great redevelopment potential
Property Details
Price:
$21,000,000
MLS #:
A11572479
Status:
Active
Beds:
0
Baths:
0
Address:
2881 E Oakland Park Blvd
Type:
Commercial
Subtype:
Office
City:
Fort Lauderdale
Listed Date:
Apr 18, 2024
State:
FL
Finished Sq Ft:
19,082
ZIP:
33306
Year Built:
1969
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Schools
Interior
Exterior
Financial
Buyer Agent Compensation
3%%
Taxes
$64,342
Map
Community
- Address2881 E Oakland Park Blvd Fort Lauderdale FL
- CityFort Lauderdale
- CountyBroward County
- Zip Code33306
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2881 E Oakland Park Blvd
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