114 NW 22nd Ave - Freestanding FOR SALE


Miami, FL 33125- Little Havana
$2,600,000 USD
954-394-7078
114 NW 22nd Ave, Miami, FL for Sale
$2,600,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

114 NW 22nd Ave
Miami, FL 33125
Little Havana


HIGHLIGHTS

  • Commercial, Neighborhood (CN) zoning on both parcels, supporting a broad by-right use list across retail and service uses
  • 12-foot clear ceiling height, a totally open floor plan, and a double-door glass entry on the direct corner as the main entrance
  • Additional interior storage area with double steel doors for easy loading, plus a kitchen area with sink and counter and one bathroom
  • High-traffic 33125 corridor location, minutes from the Miami Health District, Miami River, downtown Miami, and Miami International Airport
  • Dense surrounding base with more than 550,000 residents within five miles and 337,000 within three miles, supporting steady daytime & evening traffic
  • Well positioned near established draws including Publix, Walgreens, Versailles, Jackson Memorial Hospital, and the Miami Health District

OVERVIEW

Two contiguous parcels. One rare opportunity on a high-visibility Miami corridor. Two-parcel retail and land assemblage offered together for the first time in years. At the center is a 5,851-square-foot single-story retail building with dedicated storage, anchored by a directly adjacent 5,450-square-foot commercial lot. Combined, the offering delivers roughly 12,263 square feet of contiguous land and about 112 feet of frontage along NW 22 Avenue, one of the busiest north-south arteries connecting Allapattah, Little Havana, and the Miami Health District. The play here is simple to underwrite and hard to replicate. A retail building that can generate income today sits next to an unimproved lot that gives the next owner options most infill retail sites never offer: dedicated parking, an outdoor sales or service yard, tenant expansion, or a future ground-up build. You rarely find in-place retail and buildable land side by side on a corridor with this much traffic.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$489 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add Retail With Room to Grow

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,813 SF

ZONING

T6-8 O

APN/PARCEL ID

01-4103-033-0440,01-4103-033-0450

ASK ABOUT THIS PROPERTY

Gus MartinezCMV Realty LLCMore Info
954-394-7078

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Gus MartinezCMV Realty LLCMore Info
954-394-7078

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