119 Grand Ave - Office FOR SALE


Miami, FL 33133
$1,950,000 USD
305-854-1919
119 Grand Ave, Miami, FL for Sale
$1,950,000 USD
Office - FOR SALE
1/8
null | 4% Cap Rate

119 Grand Ave
Miami, FL 33133


HIGHLIGHTS

  • Located between Coconut Grove and Coral Gables
  • Frontage on Grand Avenue
  • Charming historic buildings

OVERVIEW

Two (2) Buildings For Sale: 117 Grand Avenue: Single story ground floor retail office building (2000 SF) fronting Grand Avenue. Leased until 12/31/2028 with gross rent starting at $7500 and increasing to $8250 monthly. 119 Grand Avenue: Two story vacant building (2000 SF) at rear of property. Ready for renovation with approved permits for office building

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$515 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

MX1

APN/PARCEL ID

03-4120-006-0910

ASK ABOUT THIS PROPERTY

Mike LuisLuis PropertiesMore Info
305-854-1919

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Mike LuisLuis PropertiesMore Info
305-854-1919

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