by Global Lifestyle Properties

See Home Value
$27,500
● Commercial - Off Market

Boca Raton, FL
bedrooms
Studio
bathrooms
0 Bath
$53,054
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

This semi absentee owner social art studio offers a great opportunity to own a fun, social and creative business while still having a support system in place. The studio offers group classes for friends open to the public as well as kids camps and private events for kids parties, bachelorette events, and corporate events. Located in the heart of Boca Raton, this studio has an established customer base and is involved in philanthrophy and projects with the local schools and colleges. No art experience is necessary as the studio currently has highly experienced artists in place as managers and instructors. However, an owner/operator that does have art experience could substantially increase the profit margins while having fun. This location is not a franchise, however a license from corporate is required. The benefit of this is constant support from corporate as well as website maintenance and advertising for the studio.

This location was established in July 2015. Extensive renovations to the plaza where the studio were located were started early 2016 and completed in July of 2017. This renovation impacted the studio profit numbers substantially during this time. The plaza re-opened in August of 2016 and is stunning! This gives the new owner an incredible opportunity to capitalize on the new plaza with only upside potential and none of the income losses from the plaza renovation.
Unit Size
-
Days on Market
195 days
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-

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Last updated: 9 months ago (Beaches MLS #R10387172)

Price History

Date / Event Date Event Price
Jun 18, 2018 Sold
Sold
Dec 5, 2017 Listed by Realty Today Inc. $35,000
Listed by Realty Today Inc.

Property Highlights

Air Conditioning
Parking Details
Parking Features: Common
Interior Details
Flooring Type: Concrete
Exterior Details
Security Features: Security System Leased, Security System, Smoke Detector(s)
Year Built: 2015
Levels: One
Construction Materials: Block
Lot Features: CentralBusinessDistrict, RuralLot
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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