Offering 4 commercial retail ground level spaces CU 1 2 3 4.
| Website: | https://www.nestseekers.com/5616958 |
|---|---|
| Address: | Apt: CU1234 Miami Beach, FL 33139 |
| Ownership: | For Sale |
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| Type: | Retail |
| Lot Size: | 0.3 Acres |
Financials
Price:$1,950,000
Annual Taxes:$20,650
Description
Offering 4 commercial-retail ground-level spaces (CU-1-2-3-4). Totaling over 7,800 sq. ft. of income-producing retail-businesses in the heart of South Beach's Hotel District. Currently leased with a yearly NET Income of $216,000. The corner space (Washington & 8th Street) is operated as a grocery store, and the other spaces are combined operating a restaurant/bar. All NNN-leases with low cost to the landlord. All tenants are stable, profitable and willing to remain onsite. Building is located in a highly visible corner-lot along Washington Ave, steps to Ocean Drive and Lincoln Road. All spaces are located on the ground-level for the Royal South Beach Condo-Hotel. Property passed 40-Yr recertification. The 50-Yr recertification Engineering Study just completed (See MLS attachments). Kindly contact the listing agent to schedule a showing and DO NOT disturb the onsite businesses.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12020955
Amenities
- Free Standing
- Loading Space(S)
Deborah L. Ginsburg 150 Worth Ave, Palm Beach, FL 33480 Phone: +1 561-725-9229 | |
| Listing Courtesy of Best of Luxury Realty Corp. | |