2475 S Douglas Rd - Restaurant FOR SALE


Miami, FL 33145- Northeast Coconut Grove
$2,980,000 USD
305-613-4507
2475 S Douglas Rd, Miami, FL for Sale
$2,980,000 USD
Restaurant - FOR SALE
1/18
null | Request Cap Rate

2475 S Douglas Rd
Miami, FL 33145
Northeast Coconut Grove


HIGHLIGHTS

  • Freestanding restaurant building with contiguous dedicated parking assemblage.
  • Located at a signalized corner with frontage on two streets.
  • One block from Miracle Mile and the Coral Gables CBD.
  • Approximately 0.8 miles from Douglas Road Metrorail Station.
  • Includes 27 on-site surface parking spaces.
  • Surrounded by major retail, dining, university, and employment destinations.

OVERVIEW

2475 S Douglas Road presents the opportunity to acquire a fee-simple retail asset in one of Miami-Dade County’s most established commercial corridors. The offering includes a freestanding restaurant building and a contiguous parking parcel that together create a highly functional corner assemblage at the signalized intersection of South Douglas Road and SW 25th Street. The property benefits from two-street frontage, pylon and building signage, masonry construction, and a dedicated surface parking field that is uncommon within the surrounding Coral Gables retail environment. Positioned one block from Miracle Mile and the Coral Gables central business district, the property is surrounded by a concentration of retail, dining, office, and institutional demand drivers. Nearby destinations include Shops at Merrick Park, the University of Miami, Coconut Grove, and the Douglas Road Metrorail Station, providing connectivity throughout the greater Miami metropolitan area. The location also benefits from direct access to major employment centers including Downtown Miami, Brickell, and Miami International Airport. The combination of an existing income-producing retail building and a contiguous parking assemblage creates flexibility for owner-users, investors, or future repositioning strategies. The property's parking ratio, corner visibility, and accessibility support a variety of commercial uses, while the underlying land position offers long-term optionality within a supply-constrained submarket. With limited new retail construction in the immediate Coral Way trade area and continued investment throughout the surrounding urban core, the asset represents a rare opportunity to control a standalone commercial property with dedicated parking in a highly sought-after Miami location.

FOR SALE DETAILS

PRICE

$2,980,000 USD

PRICE/SF

$710 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,073 SF

ZONING

6100

APN/PARCEL ID

01-4116-015-2021,01-4116-015-2030

ASK ABOUT THIS PROPERTY

Virgilio Fernandez, CCIM, MSIRECushman & WakefieldMore Info
305-613-4507

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Virgilio Fernandez, CCIM, MSIRECushman & WakefieldMore Info
305-613-4507

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