1620-1648 NE 148th St - Freestanding FOR SALE


Miami, FL 33181- Golden Glades
$3,600,000 USD
305-576-7474
1620-1648 NE 148th St, Miami, FL for Sale
$3,600,000 USD
Freestanding - FOR SALE
1/19
null | Request Cap Rate

1620-1648 NE 148th St
Miami, FL 33181
Golden Glades


HIGHLIGHTS

  • 15 Micro-Retail Units
  • 73% occupancy
  • Value-Add Opportunity with Significant Upside Potential
  • BU-1 Zoning

OVERVIEW

15 Unit Strip Center A unique investment opportunity along W Dixie Highway: a 15-unit micro retail shopping center offering substantial value add potential. The current tenancy consists primarily of vacant units or month-to-month occupants, providing exceptional flexibility for repositioning the asset. Investors may pursue full owner-user occupancy, a hybrid owner/ tenant structure, or a comprehensive re-leasing strategy at prevailing market rents. PROPERTY HIGHLIGHTS • 15 Micro-Retail Units • 73% occupancy • Value-Add Opportunity with Significant Upside Potential • BU-1 Zoning allows for a maximum development height of up to 45ft and 4 stories. --- BROKER REGISTRATION REQUIRED. Cooperating brokers must register their client in writing with Chariff Realty Group prior to the first tour, inquiry, or submission of an offer. A signed exclusive representation agreement and written acknowledgment by Chariff are required before any commission claim will be considered. No retroactive registrations accepted. By engaging with the property or requesting information, you acknowledge and agree to Chariff's full terms at chariff.com/privacypolicy/, including the Broker Representation & Commission Eligibility provisions.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$231 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Oak Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

BU-1

APN/PARCEL ID

30-2220-002-3920

ASK ABOUT THIS PROPERTY

Lyle ChariffChariff Realty GroupMore Info
305-576-7474

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Lyle ChariffChariff Realty GroupMore Info
305-576-7474

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