1101 N Federal Hwy, Hollywood FL 33020,Hollywood,Broward County,Commercial Sale

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Commercial Sale Active

1101 N Federal Hwy, Hollywood FL 33020

$3,200,000

Overview

Property ID: A11738477

Retail
Property Type

1970
Year Built

Description

This is a rare opportunity to acquire a freestanding retail building on US-1 in Hollywood, Florida. The property features a 5,675 SF building on a 14,282 SF lot in a prime high-visibility location. Currently operating as a dual-purpose business specializing in locksmith services and bicycle sales/repairs, the site has a long-established presence in the community. The business is fully staffed and equipped, generating a gross revenue of $730,158 and a net income of $194,246 annually. With strong potential for continued success, this property offers an investor the opportunity to take over a well-established operation or repurpose the space for a new venture. The seller’s inventory is available for purchase at closing.