Commercial Real Estate

Basics

  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Floors: 2
  • Lot size: 10269, 10269 sq ft
  • County: Miami-Dade
  • MLS ID: A11823568

Description

  • Description:

    WASHINGTON PLACE PB 20-54 LOT 1 & W25FT LOT 3 LESS ST & LESS BEG 15.70FTW & 69.52FTN OF SW COR OF LOT 1 CONT N 00 DEG W 28.72FT NELY AD 9.95 Fully renovated, freestanding 5,600-square-foot retail building situated on a 10,800-square-foot lot in the heart of Miami’s Biscayne Corridor. Featuring 100 feet of direct frontage on Biscayne Boulevard, a major thoroughfare with over 43,000 vehicles per day, this signalized corner property offers excellent visibility and foot traffic. The building is fully leased to a single tenant, with current rent well below market, presenting strong upside potential through future lease restructuring or repositioning. Strategically located near MiMo, Design District, Wynwood and the Upper East Side, close to Miami’s most dynamic neighborhoods. Zoned CEN (Pedestrian Oriented Commercial), it also offers long-term redevelopment potential for mixed-use, vertical retail, or boutique multifamily projects.

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Building Details

  • Structure Type: Retail
  • Covered Spaces: 0
  • Levels: Two
  • Number Of Buildings: 1

Expenses, Fees & Taxes

  • Tax Annual Amount: $44,285

Miscellaneous

  • List Office Name: Related ISG Realty, LLC.
  • Listing Terms: Cash,Conventional

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This -type commercial real estate is located in FL, Miami was built in , and is listed at $4,950,000.

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