This landmark building is the former famous Hemingway's bar and lounge. Located in the heart of Downtown Hollywood Florida, this building is situated in an A+++ location.This property has undergone extensive improvements: new bathroom, new central AC system, new roof paint and much more.
The first floor consists of 5,500 square feet which is leased to Runa's Restaurant. The second floor which is 5000 sf can be leased for an office at $18 per s/f NNN. When fully leased this building will be netting $178,336 a year providing an investor with a strong 6.48% capitalization rate.
Please call for additional information or to receive an offering package, do not disturb this property or business.
Courtesy of: RE/MAX 5 Star Realty MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 25th October, 2021 4:31 PM