1818 NW 17th Ave, Miami, FL 33125
sale
$1,399,999
|
Retail
Courtesy Of Compass Florida LLC
Unique opportunity to acquire a free-standing commercial property on the corner of NW 17th Avenue, a main corridor just blocks from the Class A River Landing development, the Health District, and numerous nearby projects. The 5,045 SF lot carries flexible T6-8-O zoning and features two structures. The main building (3,696 SF) currently operates as an owner-operated grocery store on the ground floor, with storage/office space on the second and third levels. The secondary structure (741 SF) is leased to a tire shop, providing in-place income. The property can be delivered vacant at closing, making it an ideal fit for an owner-user or a repositioning play. Alternatively, business equipment and licenses associated with the existing grocery operation may be negotiated as part of the purchase - including a scale license, tobacco sales, and beer & wine - offering a turn-key path for a buyer who wishes to continue or refresh the store. With several new multifamily projects underway nearby, the hard-corner location is well suited for an incoming grocery operator, QSR, restaurant, retail, bank, or other uses in a rapidly redeveloping neighborhood.
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Property Features
- Age: Over 50 Years Old
- Legal Description: BELLEVUE SUB PB 3-119 LOT 48 LESS W17FT LOT SIZE 41.00 X 123 OR 20540-0083 0702 1
- MLSID: A12045998
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