2601 NW 6th Ave - Freestanding FOR SALE


Miami, FL 33127- Wynwood
$10,900,000 USD
786-767-7694
2601 NW 6th Ave, Miami, FL for Sale
$10,900,000 USD
Freestanding - FOR SALE
1/27
null | Request Cap Rate

2601 NW 6th Ave
Miami, FL 33127
Wynwood


HIGHLIGHTS

  • Command exceptional visibility along Interstate 95, with over 185,000 vehicles passing daily, ideal for brand exposure and signage impact.
  • 11,423-square-foot property on a prime corner lot offers a flexible footprint for retail, showroom, or experiential commercial use.
  • On-site third-party-owned billboard delivers passive income through a revenue-sharing agreement, including a 60-day termination clause.
  • Fully approved WDRC plans for a 22-story, 147-unit mixed-use development offer built-in value and a clear path for long-term growth.

OVERVIEW

DWNTWN Realty Advisors is pleased to exclusively present for sale 2601 NW 6th Avenue (the "Property"), a 16,800 SF corner site featuring a 11,423 SF freestanding flex warehouse at the western gateway of Core Wynwood, with direct frontage along Interstate 95 in Miami, Florida. Positioned at the intersection of NW 6th Avenue and NW 24th Street, the Property commands exposure to more than 185,000 vehicles per day along one of the most trafficked corridors in South Florida. The building is currently configured for retail, showroom, or design-forward commercial occupancy, offering an adaptable open floor plate, 15 gated parking spots, and a true corner position zoned D1. A Billboard Site Lease with Carter-Pritchett Advertising, Inc. conveys with the sale, delivering immediate passive income to the incoming owner from an I-95-facing advertising structure on-site. The Operator pays the greater of $40,000 per year (guaranteed) or 25% of gross advertising revenues on a quarterly basis. Either party may terminate on 60 days written notice, providing current income with full optionality to retain the billboard relationship or recapture the site at the buyer's election. Current ownership has secured WDRC approvals for a 22-story, 147-unit residential development through the Live Local Act, with plans designed below the 200,000 SF UDRB threshold, reducing the regulatory timeline and delivering a market-ready development path. The combination of a high-visibility commercial building, day-one billboard income, and a WDRC-approved tower program positions 2601 NW 6th Avenue as a rare, multi-path opportunity in Core Wynwood, offered at $10,900,000, equating to $954 per square foot of building area.

FOR SALE DETAILS

PRICE

$10,900,000 USD

PRICE/SF

$954 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Wynwood Corner Property With I-95 Frontage

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,800 SF

ZONING

D-1

APN/PARCEL ID

01-3125-025-0280

ASK ABOUT THIS PROPERTY

Tony ArellanoDWNTWN Realty AdvisorsMore Info
786-767-7694

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Tony ArellanoDWNTWN Realty AdvisorsMore Info
786-767-7694

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