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$3,500,000
Est. payment /mo
4,014 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,014 sqft
Price per Sqft $871
MLS Listing ID A12079162
HOA Y/N No
Year Built 1959
Lot Size 0.300 Acres
Property Sub-Type Retail
Property Description
Freestanding commercial building on a high-traffic stretch of E 8th Avenue, offered at a 6.0% cap rate based on $210,000 in current annual gross income ($17,500/month). The property is zoned C-3 (General Commercial), opening the door to auto sales and service, retail, office, or general commercial use — flexibility that makes this as attractive to an owner-user as it is to an investor.
The building is fully built out and turn-key: a reception lounge, multiple private offices, a showroom, break room, and ADA-compliant restroom, plus dedicated customer parking and roll-up service bays. It's currently operating as an established auto dealership and service center, giving a buyer immediate, stabilized income from day one.
Investment Highlights
6.0% cap rate on $210,000/yr gross income ($17,500/mo)
Zoned C-3 — General Commercial, flexible use potential
Fully built-out, income-producing turn-key asset
High-visibility corridor with dedicated parking and pylon signage
Ideal for an owner-operator or investor seeking a stabilized commercial asset
The building is fully built out and turn-key: a reception lounge, multiple private offices, a showroom, break room, and ADA-compliant restroom, plus dedicated customer parking and roll-up service bays. It's currently operating as an established auto dealership and service center, giving a buyer immediate, stabilized income from day one.
Investment Highlights
6.0% cap rate on $210,000/yr gross income ($17,500/mo)
Zoned C-3 — General Commercial, flexible use potential
Fully built-out, income-producing turn-key asset
High-visibility corridor with dedicated parking and pylon signage
Ideal for an owner-operator or investor seeking a stabilized commercial asset
Location
State FL
County Miami-dade
Area 31
Zoning 6600
Exterior
Private Pool Yes
Others
Tax ID 04-31-05-005-2520
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12079162
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Listed by Fausto Commercial Realty Consultants Inc
NEARBY SCHOOL & BUSINESS
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