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,… Read More 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. Read Less
Courtesy of Home-C International Realty LLC, Carlos Felipe Hasbun, 786-306-4842.
Listing Snapshot
Days Online
61
Last Updated
Property Type
Office
Square Ft.
16,833
Lot Size
0.21 Acres
Year Built
1959
MLS Number
A12070914
30 Days Snapshot Of 33020
$175k
0%
(avg) sold price
0
-100%
homes sold
159
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1959, Toal building area: 16833
Lot
0.21 acres
Parking
Ground Level, 23 total parkings
Property
Zoning: RC-2
Taxes
Annual amount: $47,974
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