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$ 3,600,000
Est. payment | /mo
3,465 SqFt
$ 3,600,000
Est. payment | /mo
3,465 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,465 sqft
Price per Sqft $1,038
MLS Listing ID A11962559
HOA Y/N No
Year Built 1946
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Retail
Property Description
Gridline Properties is pleased to present a rare opportunity to acquire afully renovated, boutique retail / mixed-use asset located in the heart ofBuena Vista, just steps from the Miami Design District, one of thestrongest and most dynamic retail submarkets in the country.The property consists of a two-story building, oering a compelling blendof stabilized income and near-term upside. The ground floor retail space isfully leased on a long-term basis to Jeune Aesthetics, a well-establishedaesthetics and wellness spa, providing immediate and predictable cashflow. The second-floor space is currently vacant, presenting flexibility for awide range of residential or commercial uses and allowing a buyer tounlock additional value through lease-up or repositioning.Recently renovated, the building oers a turnkey, boutique profile that isincreasingly scarce in the immediate Design District adjacency. Its premierlocation provides seamless connectivity to the Miami Design District,Miami Beach, and the Biscayne Boulevard corridor, positioning the asset atthe crossroads of luxury retail, dense residential neighborhoods, andMiami's urban core.Zoned T4-L, the property benefits from favorable zoning that supportsmixed-use density and optionality, further enhancing its appeal toinvestors seeking both current income and future upside.
Location
State FL
County Miami-dade
Area 2300
Zoning 3901
Interior
Interior Features InteriorFeatures
Fireplace No
Building
Dwelling Type Retail
Others
Tax ID 0131240170270
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11962559

Listed by Alfredo Riascos Gridline Properties
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