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Commonwealth Commons a 19,167 square foot iconic premier office building. The Property consists of an 96% occupied, three-story, multi-tenant office building. The surrounding Coral Ridge area is home to a number of executives who reside in waterfront neighborhoods where housing prices typically range from $2M to over $15M The offering provides a unique opportunity for an investor to acquire a well located, cash flowing office building, either taking over the operation of the executive suite business or retain the current operator. Additional potential future upside could be captured through spinning off the additional development of condo building. Great redevelopment potential
| DAYS ON MARKET | 253 | LAST UPDATED | 8/12/2024 |
|---|---|---|---|
| YEAR BUILT | 1969 | COMMUNITY | 3250 |
| COUNTY | Broward | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Apr 19, '24 | $16,000,000 |
|---|---|
| Apr 19, '24 - Apr 30, '24 | $19,999,000 |
| Apr 30, '24 - Today | $21,000,000 |
| ADDITIONAL DETAILS | |
| AREA | 3250 |
|---|---|
| LOT | 37685 acre(s) |
| STYLE | Detached |
| TAXES | 64342 |
| ZONING | CB |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Vera Realty LLC
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