Retail / Restaurant / Office

For Sale

702-704 Northeast 1st Avenue, Fort Lauderdale, FL 33304

This Fort Lauderdale property for sale is located at 702-704 Northeast 1st Avenue. The current listed sale price for Retail / Restaurant / Office is $4,750,000. Retail / Restaurant / Office is situated on a lot that is 0.26 acre in size.

Contacts

broker

Jaime Sturgis

Native Realty

Property Details

  • Property Type Retail - Street Retail
  • Property Size 8,864 SF
  • Units 3
  • Lot Size 0.26 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1980
  • Date Updated Oct 12, 2024
Retail / Restaurant / OfficeRare opportunity to purchase a 2nd generation Bar & Restaurant in Flagler Village Fort Lauderdale. The property is centrally located between two of the largest planned developments in Flagler Village, Hines FAT Village & AIMCO’s Searstown redevelopments. Combined the two projects plan on containing 1,647 residential units, 188 hotel units, 719,895 square feet of office, retail, and commercial units. The property will be delivered vacant, making it suitable for both owner-users and investors. The neighborhood faces a very high barrier to entry for new restaurants and bars with very few remaining spaces suitable for the use, making this property especially attractive, and saving considerable time and money for the next owner. The property is located just down the street from Las Olas Blvd, Downtown Central Business District, and is walking distance to over several thousand residential units. Additionally there are several more thousand residential units currently planned or already underway. The area has experienced tremendous growth in recent years and is frequently compared to Miami’s Wynwood neighborhood. With multiple $500+ million dollar developments occurring in the neighborhood simultaneously this represents one of the few freestanding options available for purchase and a rare opportunity to own a part of this growing market.

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Highlights

  • Second Generation Restaurant
  • Onsite + Street Parking
  • High barrier to entry for new restaurants and bars

Attachments

Getting around

  • 95/100

    Walk Score ®

  • 52/100

    Transit Score ®

  • 69/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fort Lauderdale, FL
  • Neighborhood Flagler Village
  • Zip Code 33304
  • Market Fort Lauderdale

Points of Interest

  • Fort Lauderdale

    0.58 miles

  • Esplanade Park

    0.90 miles

  • River House

    1.00 miles

  • Sheridan Street

    7.09 miles

  • Tesla Supercharger

    0.09 miles

  • 7-Eleven

    0.52 miles

  • Shell

    0.74 miles

  • Sunoco

    0.77 miles

  • Speedway

    0.80 miles

  • Mobil

    1.45 miles

  • Marathon

    1.58 miles

  • ChargePoint Charging Station

    7.13 miles

  • Sunrise Town Center

    7.43 miles

  • Arts & Science District Garage

    0.84 miles

  • Publix

    0.93 miles

  • CVS

    1.60 miles

  • Galleria

    1.70 miles

  • East Parking Lot

    1.84 miles

  • Main Office Parking #2

    1.86 miles

  • Galleria Parking

    1.87 miles

  • Main Office Parking Lot #1

    1.88 miles

  • Sebastian Lot (Handicap only)

    2.44 miles

  • Fort Lauderdale Beach Parking

    2.69 miles

  • Sistrunk Marketplace & Brewery

    0.21 miles

  • Patio Bar & Pizza

    0.25 miles

  • The Whole Enchilada

    0.31 miles

  • 925 Nuevo's Cubano's

    0.31 miles

  • Jalisco

    0.33 miles

  • Chick'n Cone

    0.34 miles

  • McDonald's

    0.34 miles

  • Poke Lolo

    0.35 miles

  • Checkers

    0.37 miles

  • Subway

    0.37 miles

  • Aldi

    0.37 miles

  • Winn-Dixie

    0.39 miles

  • The Fresh Market

    0.50 miles

  • Pet Supermarket

    0.62 miles

  • Publix

    0.81 miles

  • Presidente Supermarket

    0.90 miles

  • Macy's

    1.71 miles

  • Trader Joe's

    1.84 miles

  • The Galleria at Fort Lauderdale

    1.85 miles

  • Dillard's

    1.88 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jaime Sturgis

Native Realty