Property
| Ownership: | For Sale |
|---|---|
| Type: | Retail |
FinancialsPrice:$4,950,000Annual Taxes:$44,285
DescriptionFully renovated, freestanding 5,600-square-foot retail building situated on a 10,800-square-foot lot in the heart of Miami’s Biscayne Corridor. Featuring 100 feet of direct frontage on Biscayne Boulevard, a major thoroughfare with over 43,000 vehicles per day, this signalized corner property offers excellent visibility and foot traffic. The building is fully leased to a single tenant, with current rent well below market, presenting strong upside potential through future lease restructuring or repositioning. Strategically located near MiMo, Design District, Wynwood and the Upper East Side, close to Miami’s most dynamic neighborhoods. Zoned CEN (Pedestrian Oriented Commercial), it also offers long-term redevelopment potential for mixed-use, vertical retail, or boutique multifamily projects.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11823568
Fully renovated, freestanding 5,600-square-foot retail building situated on a 10,800-square-foot lot in the heart of Miami’s Biscayne Corridor. Featuring 100 feet of direct frontage on Biscayne Boulevard, a major thoroughfare with over 43,000 vehicles per day, this signalized corner property offers excellent visibility and foot traffic. The building is fully leased to a single tenant, with current rent well below market, presenting strong upside potential through future lease restructuring or repositioning. Strategically located near MiMo, Design District, Wynwood and the Upper East Side, close to Miami’s most dynamic neighborhoods. Zoned CEN (Pedestrian Oriented Commercial), it also offers long-term redevelopment potential for mixed-use, vertical retail, or boutique multifamily projects.
Fully renovated, freestanding 5, 600 square foot retail building situated on a 10, 800 square foot lot in the heart of Miami s Biscayne Corridor.
DescriptionFully renovated, freestanding 5,600-square-foot retail building situated on a 10,800-square-foot lot in the heart of Miami’s Biscayne Corridor. Featuring 100 feet of direct frontage on Biscayne Boulevard, a major thoroughfare with over 43,000 vehicles per day, this signalized corner property offers excellent visibility and foot traffic. The building is fully leased to a single tenant, with current rent well below market, presenting strong upside potential through future lease restructuring or repositioning. Strategically located near MiMo, Design District, Wynwood and the Upper East Side, close to Miami’s most dynamic neighborhoods. Zoned CEN (Pedestrian Oriented Commercial), it also offers long-term redevelopment potential for mixed-use, vertical retail, or boutique multifamily projects.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11823568
Fully renovated, freestanding 5,600-square-foot retail building situated on a 10,800-square-foot lot in the heart of Miami’s Biscayne Corridor. Featuring 100 feet of direct frontage on Biscayne Boulevard, a major thoroughfare with over 43,000 vehicles per day, this signalized corner property offers excellent visibility and foot traffic. The building is fully leased to a single tenant, with current rent well below market, presenting strong upside potential through future lease restructuring or repositioning. Strategically located near MiMo, Design District, Wynwood and the Upper East Side, close to Miami’s most dynamic neighborhoods. Zoned CEN (Pedestrian Oriented Commercial), it also offers long-term redevelopment potential for mixed-use, vertical retail, or boutique multifamily projects.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
