ALLAPATTAH FLEX SPACE

1,418 SF | 100% Leased | Retail Building | Miami, FL 33127 | $1,350,000 ($952/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,350,000

Property Type
Retail, Restaurant
Square Feet
1,418 SF
Price / Square Foot
$952

Listing Contacts

Jenni Fontana
Jenni Fontana
Verified Profile
Liz Coloma
Liz Coloma
Verified Profile
  • Property Info

Property Overview

APEX Capital Realty is proud to present the rare opportunity to acquire a Flex Space property with direct frontage on bustling NW 7th Ave in East Allapattah. Occupying two lots for a total of 6,768 sq.ft., the property is positioned on a main corridor straddling the border of Allapattah and Wynwood seeing over 26,000 cars pass daily.
The property features 1,418 sq.ft. of building, featuring two storefront bays directly facing the highly trafficked NW 7th Avenue. Presently, it is leased out to a single tenant whose retail operation occupies both bays, along with a residential unit located at the rear of the building.
Just steps from Wynwood, the property is situated in a dynamic area on the brink of transformation. This is a great opportunity for both end-users and investors alike that want to take advantage of the excellent visibility and flexible zoning the property offers. Ideal for creative studios, workshop, retail, office, beauty salon, boutique gym, a cafe/restaurant, art gallery and more.
The site is located just minutes from Wynwood, Midtown, Edgewater, Design District, Downtown, Miami Int’l Airport. As well as offering close proximity to major thoroughfares I-95, I-195, State Road 112 and just south of NW 36th St.
Seller financing available.

Property Details

Class
C
Year Built
1940
Stories
1
Property Subtype
Storefront, Storefront Retail/Office, Office/Residential
Lot Size (sq. ft)
6,970 SF

Highlights

  • Max. Height: 3 Stories - 40’
  • Allowable Uses:Workshop, Bakery/ Cafe, Restaurant, Boutique Gym, Beauty Parlor, Entertainment, Apparel/ Sneaker Shop, Pet Care, Residential
  • Traffic Count: 26,000 AADT

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