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Mixed-Use Property – 5,650 Square Feet in Miami, FL – T4-O Zoning with Development Potential

Commercial Sale

Category: Mixed-Use

Price:$2,500,000

Location: Miami, FL

Year Built: 1940

Days on Market: 78

Description:

Fantastic opportunity with lots of possibilities!  Parking lot and well maintained building both included in sale.  Building has warehouse, kitchen, 2 bathrooms, manufacturing areas, numerous reception, office, and meeting rooms Both zoned T4-O provides incentives for Mixed-Use Multi-Family Development. Possible potential for developed at a density of 36 units/acre, for development, a total of 9 units. Building of 9 units erected above the parking could possibly be done.  Based to its proximity to SW 12 Ave., a possible Transit Corridor, that additional bonuses for units could be granted. Also, available via Workforce Housing etc. , Density Bonuses that could be granted, parking reductions etc. Great location walking distance to Wynwood, near 1-95

Commercial building has warehouse, kitchen, 2 bathrooms, manufacturing areas, numerous reception, office & meeting rooms and parking Both zoned T4-O

Listing Code: 1144638817