6015 Washington St, Hollywood FL 33023,Hollywood,Broward County,Commercial Sale

Office building with Development opportunity on second almost one acre lot. Added value strategy or buy and hold. Located in the TOC Corridor. 1.81 Acres in total in SMU zoning, one of the most development friendly zoning in Hollywood. 175 Feet Max height, Density at 50 units per acre for MF, or 100 rooms for Hotel. Mixed use zoning – S-MU – South Mixed-Use District. Permitted uses are: Multi-Family Residential, Office, Parking Lots and Garages (commercial), Hotel, Retail and Much More. Please see attachments for more info. About lease in Existing office building: 10,388 sq. ft building. First floor is leased through 2023 to Wells Fargo on NNN lease, Second floor is leased through December 2024. Currently generating 6% CAP on the office building valuation. Office building NOI is $121k