6471 SW 8th St, Miami, FL 33144
sale
$1,500,000
|
Retail
Courtesy Of Compass Florida LLC
Located in the heart of Miami s Flagami neighborhood on bustling SW 8th Street (Calle Ocho), this fully renovated 4-bay retail building offers an ideal opportunity for investors or owner-users alike. The ±2,176 SF building sits on a highly visible corner with over 10 on-site parking spaces and excellent frontage on one of the city's most traveled corridors.
Three of the four retail bays are leased on a month-to-month basis, currently generating $8,000/month. The flexible lease structure provides a value-add opportunity for investors or a chance for an owner-operator to occupy a portion or all of the building. With a proforma gross annual income of $144,000, the asset offers strong upside potential in one of Miami s most dynamic retail corridors.
Three of the four retail bays are leased on a month-to-month basis, currently generating $8,000/month. The flexible lease structure provides a value-add opportunity for investors or a chance for an owner-operator to occupy a portion or all of the building. With a proforma gross annual income of $144,000, the asset offers strong upside potential in one of Miami s most dynamic retail corridors.
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Virtual Tour
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Legal Description: FAIRLAWN PB 8-83 LOTS 17 & 18 BLK 30 LOT SIZE 50.000 X 120 OR 18386-2432 1098 5
- MLSID: A11833633
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