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$1,050,000
Est. payment /mo
2,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $437
MLS Listing ID A11908390
HOA Y/N No
Year Built 1948
Annual Tax Amount $14,192
Lot Size 4,500 Sqft
Property Sub-Type Retail
Property Description
Located at 1058 SW 1st Street; positioned in a high-growth neighborhood surrounded by Miami's economic powerhouses—Downtown, Brickell, and the Health District. This prime location guarantees strong visibility, steady vehicle and foot traffic, and easy access to major transit routes, ensuring a consistent customer base.
The building features three storefront retail units, providing a stable, diversified income stream. Two units are currently leased to established local businesses: an ice cream shop and a mini market. With one unit vacant, there is immediate potential to increase cash flow.
This is an ideal setup for an investor seeking reliable returns with clear upside, or for a business owner looking to occupy the vacant space while the existing tenants help cover costs.
The building features three storefront retail units, providing a stable, diversified income stream. Two units are currently leased to established local businesses: an ice cream shop and a mini market. With one unit vacant, there is immediate potential to increase cash flow.
This is an ideal setup for an investor seeking reliable returns with clear upside, or for a business owner looking to occupy the vacant space while the existing tenants help cover costs.
Location
State FL
County Miami-dade
Area 41
Exterior
Private Pool Yes
Others
Tax ID 01-41-02-005-3110
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11908390
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Listed by Fausto Commercial Realty Consultants Inc
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