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This Corner strip center is off a high traffic street and is comprised of 5 units with great visibility. First time on the market in 25 years. Less than a half a mile from super Walmart and close to the beaches and Aventura. Neighborhood re-gentrifying with 1k new units under construction. Possible upside potential includes adding a second story and an opportunity for rent increases. Across the street from amphitheater and newly built North Miami recreational park that supplies high demand to the shopping center. Units are in good condition. The building passed 30-year inspection. New a/c units in 4 units. Long term tenants are a gourmet specialty food shop (Indian), Latin restaurant, day spa, barber shop, and a nail salon. Owner is the property manager and is retiring.
DAYS ON MARKET | 733 | LAST UPDATED | 11/18/2020 |
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YEAR BUILT | 1969 | COMMUNITY | 22 |
COUNTY | Miami-Dade | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
PRICE HISTORY | |
Prior to May 1, '19 | $965,000 |
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May 1, '19 - Today | $1,350,000 |
ADDITIONAL DETAILS | |
AIR | CentralAir |
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AIR CONDITIONING | Yes |
AREA | 22 |
CONSTRUCTION | BLOCK |
HEAT | None |
LOT | 0.284 acre(s) |
PARKING | Common,Handicap, 16 spaces |
SEWER | PublicSewer |
STORIES | 1 |
STYLE | Detached |
TAXES | 10684 |
UTILITIES | Electric - Item110Volts,Item220Volts |
WATER | Public |
ZONING | 6400 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with One Sotheby's International Realty
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