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.