Prime Hollywood Opportunity Zone Portfolio - Development Upside
Business Description
Located in one of Hollywood’s designated Opportunity Zones, this rare three-parcel assemblage offers a compelling blend of immediate cash flow, land value, and redevelopment potential in a rapidly growing corridor. Just minutes from Dania Pointe, Fort Lauderdale–Hollywood International Airport, major highways, and South Florida’s beaches, the property benefits from exceptional accessibility and long-term demand drivers.
The portfolio includes a recently renovated, fully operational supermarket at 2243 Simms Street, situated on a 5,000 SF lot with a 3,478 SF building featuring upgraded coolers, shelving, fixtures, and modern lighting. Adjacent is 2237 Simms Street, a single-family residence on a 5,000 SF lot that can be delivered vacant at closing, offering flexibility for redevelopment or rental income. Completing the assemblage is a 2,500 SF vacant residential lot (Parcel ID #514204011240), providing additional development optionality.
Together, these contiguous parcels create a strategic investment opportunity ideal for investors, developers, or owner-users seeking to capitalize on Opportunity Zone tax advantages, strong location fundamentals, and the flexibility to generate income now while positioning for future growth.
The portfolio includes a recently renovated, fully operational supermarket at 2243 Simms Street, situated on a 5,000 SF lot with a 3,478 SF building featuring upgraded coolers, shelving, fixtures, and modern lighting. Adjacent is 2237 Simms Street, a single-family residence on a 5,000 SF lot that can be delivered vacant at closing, offering flexibility for redevelopment or rental income. Completing the assemblage is a 2,500 SF vacant residential lot (Parcel ID #514204011240), providing additional development optionality.
Together, these contiguous parcels create a strategic investment opportunity ideal for investors, developers, or owner-users seeking to capitalize on Opportunity Zone tax advantages, strong location fundamentals, and the flexibility to generate income now while positioning for future growth.
About the Business
- Years in Operation
- 2
- Employees
- 2 Full-time
- Facilities & Assets
- Inventory ($70k approx.), New Walk-in Coolers, built in shelving (To store all the Groceries), Plenty of additional space for more groceries or any type of inventory, Full Kitchen & Equipment, Fridge, POS System, Cameras with DVR, High Ceilings (13ft-14ft)
- Opportunities for Growth
- The property offers multiple value-add opportunities for a new owner. A currently unused small office space and an approximately 800 square foot rear room provide immediate potential for additional rental or operational income. The portfolio also includes a 2-bedroom, 1-bath residential unit located on the second parcel, offering rental income or redevelopment flexibility. The third parcel consists of a vacant lot, creating further opportunities for development, expansion, or alternative uses, subject to zoning.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 3,478
About the Sale
- Seller Motivation
- Owners has another business venture that he is focused on.
- Transition Support
- Owner will train new owner for up to 2 weeks to get acclimated to everything. If more time is needed, owner is open to negotiate.
Listing Info
- ID
- 2463366
- Listing Views
- 60
Business Location
Listing ID: 2463366 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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