NEWMANS SURVEY 2-26 D 25-50-41 PT TR 29 DESC AS BEG INTERSEC E R/W ST RD 7 & N R/W GRIFFIN RD,ELY AL, 4531 Griffin Road, Davie Property Listing: MLS® #RX-10748532
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Howard Jendlin

REALTOR®

  • Office 561-447-0666
  • Cell 561-702-3102
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4531 Griffin Road, Davie, FL – $1,300,000

  • $1.3M Price
  • 1,838 Sqft
  • .15 Acres
  • $1.3M Price
  • 1,838 Sqft
  • .15 Acres

Howard Jendlin

Cell: 561-702-3102 | Office: 561-447-0666

4531 Griffin Road

BACK ON MARKET! Property will NOT qualify for a MMD license due to City of Hollywood distance restrictions. In business for almost 50 years, the current diner enjoys a large loyal following. Recent additions of Wawa next door and expanded Hard Rock Hotel around the corner has boosted traffic tremendously. Now confirmed, a Holiday Inn property is being built on the adjacent property promising additional foot traffic. Keep as an eatery or re-purpose to suit your needs. Buyer to verify all information, desired use feasibility prior to offering. Call Broker with questions. NO SITE VISITS during business hours and please do NOT approach staff at the owner's request. Sale includes the single building only (not the liquor store).Incredibly, the shared parking lot with limited space has not hinder the business growth as it continues to increase month after month in the past year. The building has been impeccably maintained and all plumbing, electrical and major systems have been updated within the past few years. An extensive remodel was done in 2019 including new flooring and renovations to make the interior and parking lot ADA compliant. The restaurant equipment is in excellent working condition with the exception of the walk-in freezer which had new compressors installed a couple of years ago but is still used for dry storage. The parking lot is expected to be re-graded and paved next year around both buildings and the new easement granted to Wawa which has eased congestion and improved parking. The diner enjoys a faithful clientele with some regularly dining there since opening in 1974. It is a regular sight to see people lined up outside in all weather waiting for a table. The Hard Rock Hotel and Wawa now bring additional clientele who leave 4.7-5 Star reviews on Google for food and service. The family would love to see someone else continue the diner's tradition, but welcome whatever alternative future the new owners propose. The family is willing to stay on post-sale to transition the new owners into the current business and regular customers. In addition, there are several long-term key staff who would like to remain full-time and help the new owners continue the tradition or start a new one. This sale price includes the business and real property. However, the sale does NOT include the liquor store next door which has a recent long-term tenant installed who has a 1st right of refusal on purchasing that real property which is still owned by another family member. Make offers contingent upon a review of the business's financial statements if that is desired as they will only be provided upon acceptance of a valid and binding contract. All information provided in listing, documents and photos deemed accurate but not guaranteed. Buyer to verify all information prior to closing of the sale.

Essential Information

  • MLS® #RX-10748532
  • Price$1,300,000
  • Square Footage1,838
  • Acres0.15
  • Year Built1974
  • TypeCommercial
  • Sub-TypeOther
  • StatusActive

Style

Commercial, Free Standing, Restaurant

Community Information

  • Address4531 Griffin Road
  • Area3070
  • CityDavie
  • CountyBroward
  • StateFL
  • Zip Code33314

Subdivision

NEWMANS SURVEY 2-26 D 25-50-41 PT TR 29 DESC AS BEG INTERSEC E R/W ST RD 7 & N R/W GRIFFIN RD,ELY AL

Amenities

  • UtilitiesOther

Interior

  • HeatingCentral, Electric
  • CoolingElectric, Central
  • # of Stories1

Appliances

Building and Land, Equipment, Fixtures, Furniture, Inventory, Signs, Trade Name

Exterior

  • Lot DescriptionHappy Pappy Subs Inc
  • RoofOther
  • ConstructionBlock, Concrete

Additional Information

  • ZoningCommercial

Listing Details

  • OfficeVirgon Real Estate
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Price Change History for 4531 Griffin Road, Davie, FL (MLS® #RX-10748532)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Status Changed from Active Under Contract to Active
Price Increased from $1,200,000 to $1,300,000 $100,000 (8.33%)
Status Changed from Active to Active Under Contract
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Listing information last updated on June 27th, 2022 at 10:37am EDT.