1058-1062 SW 1st St - Storefront Retail/Office FOR SALE


Miami, FL 33130- Little Havana
$1,050,000 USD
305-753-4200
1058-1062 SW 1st St, Miami, FL for Sale
$1,050,000 USD
Storefront Retail/Office - FOR SALE
1/23
null | 6.13% Cap Rate

NEW


1058-1062 SW 1st St
Miami, FL 33130
Little Havana


HIGHLIGHTS

  • Heavy Foot Traffic
  • High Visibility & Frontage
  • Strong Value Add Opportunity
  • Downtown Access Corridor
  • Owner User Capabilities
  • 3 Rentable Units

OVERVIEW

Here is a rare opportunity to own an income-producing retail property on SW 1st Street, one of Miami's busiest commercial corridors and a direct artery into Downtown. Located at 1058 SW 1st Street, the property is perfectly positioned in a high-growth neighborhood surrounded by Miami's economic powerhouses—Downtown, Brickell, and the Health District. This prime location guarantees strong visibility, steady vehicle and foot traffic, and easy access to major transit routes, ensuring a consistent customer base. The building features three storefront retail units, providing a stable, diversified income stream. Two units are currently leased to established local businesses: an ice cream shop and a mini market. With one unit vacant, there is immediate potential to increase cash flow. This is an ideal setup for an investor seeking reliable returns with clear upside, or for a business owner looking to occupy the vacant space while the existing tenants help cover costs. Current NOI:$2,634

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$447 USD /SF

CAP RATE

6.13%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Downtown Connecting Retail Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Convenience Store, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,769 SF

ZONING

T6-12-O

APN/PARCEL ID

01-4102-005-3110

ASK ABOUT THIS PROPERTY

Joshua JimenezFausto Commercial Realty ConsultantsMore Info
305-753-4200

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Joshua JimenezFausto Commercial Realty ConsultantsMore Info
305-753-4200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.