Category: Retail
Price:$1,600,000
Location: Miami, FL
Year Built: 1957
Days on Market: 15
Description:
Located in the heart of Miami’s Flagami neighborhood on bustling SW 8th Street (Calle Ocho), this fully renovated 4-bay retail building offers an ideal opportunity for investors or owner-users alike. The ±2,176 SF building sits on a highly visible corner with over 10 on-site parking spaces and excellent frontage on one of the city's most traveled corridors. Three of the four retail bays are leased on a month-to-month basis, currently generating $8,000/month. The flexible lease structure provides a value-add opportunity for investors or a chance for an owner-operator to occupy a portion or all of the building. With a proforma gross annual income of $144,000, the asset offers strong upside potential in one of Miami’s most dynamic retail corridors.
Located in the heart of Miami’s Flagami neighborhood on bustling SW 8th Street (Calle Ocho), this fully renovated 4-bay retail building.
Listing Code: 1118698538