USD 2,800,000

2494 NW 20th St
Miami, Florida 33142

For Sale

Property Description

Seven Bay Retail Strip in Developing Allapattah. Site is on nw 20 st,t he neighborhood’s Main Street. The property is a 11,537 sf building on a 20,200sf corner lot. Owner is currently completely renovating the building and will deliver in pristine condition with entirely re-done facade, windows, etc. Pro-forma rents are at $210,000/year. Allapattah is one of urban-core Miami’s quickest transitioning neighborhoods. Due to its proximity to Downtown and strong local employment base, the area is seeing rapid re-development, with new investors and projects quickly coming in. Underlying land is T-6-8-O, allowing for mixed-use development of up to 70 residential units with retail, office, or hotel uses permissible. great retail income earner today, and great development play in the future

Listed by Fausto Commercial Realty Consultants Inc

Property Details

ID #
A11121919
Status
Sale
Type
Commercial, Industrial
Zip Code
33142
Year Built
1969
Occupancy
Tenant Occupied
Type of Building
Shopping Center, Strip Store
Utilities
Internet
Zoning Information
6100
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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