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14643 - 14647 NW 7th Avenue, Miami, FL

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14643 - 14647 NW 7th Avenue

Miami, FL 33168-3029 - Northeast Dade Submarket

(68.3 KB)

Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing Year Built:1957
Building Size:2,850 SF Land Area:.15 AC (6,338 SF)
For Sale Price:$459,000 Price/SF:$161.05
Cap Rate:8.00 %
Parking:Free Surface spaces are available; Ratio of 2.12/1,000 SF

· Freestanding ± 2,849 SF Mixed-Use Property
· ± 6,339 SF Corner Lot Fronting State Road 7
· Consists of Two Ground Level Retail Spaces
& One Second Story Apartment
· 100% Occupied with Long Term Tenants
· Property is in Excellent Condition

· Property Enjoys High Visibility from SR 7
(U.S. 441) and is only minutes from I-95
· Daily Traffic Counts in Excess of 25,000
Cars per Day
· Ample Parking
· Ideal for Owner/User or Investor
· “In-Place” Cap Rate of 9.68%
· 12.62% Cash-on-Cash Return

Sale Notes:
Two retail stores on first floor with a 2 BR apartment on the second floor. Corner building on busy 7th Av. Fenced yard. Fully occupied.

West of I-95 on busy 7th Avenues with over 22,000 cars passing daily. BU-1 Zoning.

The Keyes Company
Alex L Wiegandt
(305) 772-0751

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