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$1,399,999
Est. payment /mo
4,437 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,437 sqft
Price per Sqft $315
MLS Listing ID A12045998
HOA Y/N No
Year Built 1918
Lot Size 5,043 Sqft
Property Sub-Type Retail
Property Description
Unique opportunity to acquire a free-standing commercial property on the corner of NW 17th Avenue, a main corridor just blocks from the Class A River Landing development, the Health District, and numerous nearby projects. The 5,045 SF lot carries flexible T6-8-O zoning and features two structures.
The main building (3,696 SF) currently operates as an owner-operated grocery store on the ground floor, with storage/office space on the second and third levels. The secondary structure (741 SF) is leased to a tire shop, providing in-place income.
The property can be delivered vacant at closing, making it an ideal fit for an owner-user or a repositioning play. Alternatively, business equipment and licenses associated with the existing grocery operation may be negotiated as part of the purchase — including a scale license, tobacco sales, and beer & wine — offering a turn-key path for a buyer who wishes to continue or refresh the store.
With several new multifamily projects underway nearby, the hard-corner location is well suited for an incoming grocery operator, QSR, restaurant, retail, bank, or other uses in a rapidly redeveloping neighborhood.
The main building (3,696 SF) currently operates as an owner-operated grocery store on the ground floor, with storage/office space on the second and third levels. The secondary structure (741 SF) is leased to a tire shop, providing in-place income.
The property can be delivered vacant at closing, making it an ideal fit for an owner-user or a repositioning play. Alternatively, business equipment and licenses associated with the existing grocery operation may be negotiated as part of the purchase — including a scale license, tobacco sales, and beer & wine — offering a turn-key path for a buyer who wishes to continue or refresh the store.
With several new multifamily projects underway nearby, the hard-corner location is well suited for an incoming grocery operator, QSR, restaurant, retail, bank, or other uses in a rapidly redeveloping neighborhood.
Location
State FL
County Miami-dade
Area 31
Exterior
Private Pool Yes
Others
Tax ID 01-31-34-013-0400
Acceptable Financing Cash, Conventional, Lease Option
Listing Terms Cash, Conventional, Lease Option
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12045998
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Listed by Compass Florida, LLC
NEARBY SCHOOL & BUSINESS
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