USD 6,500,000

329 Palermo Ave
Coral Gables, Florida 33134

For Sale

Property Description

The 329 Palermo Business Center presents an excellent opportunity for an owner. User to purchase a superb Class B office building. This 2-story Class B office building is located in the heart of Coral Gables CBD and is available for immediate occupancy. The 9958 Square feet office building has 12 on-site covered parking spaces along with 4 restrooms, a kitchen, a conference room and 18 offices in an open floor plan.329 Palermo would allow an owner-user to occupy this one-of-a-kind building for significantly less than they could lease on an annual basis. Rents in Coral Gables are on the rise with more and more tenants entering the market every day. Retail space commands a premium compared to office space and current lease structures in place limit the owners exposure to increased expenses.

Listed by One Sotheby's International Realty

Property Details

ID #
A11269370
Status
Sale
Type
Commercial, Industrial, Office
Zip Code
33134
Year Built
1971
Building Feature
Air Conditioning, Elevator, Lobby
Water Source
City/mains water
Parking
Covered parking, Garage-Ground Level, Handicap Parking
Construction
CBS Construction
Occupancy
Call Listing Agent
Utilities
Internet
Zoning Information
6600
Miscellaneous
Computer Wiring, Exterior Lighting, Open Storage, Outside Storage, Private Restrooms
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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