Metro 1 Commercial is proud to exclusively present for sale 7250 NE 4 Avenue (“The Property”), featuring a 7,308 SF building on a 13,504 SF lot zoned D2. The Property fronts Rail 71, a 127,000 SF former warehouse repurposed into offices, restaurants, breweries, galleries, and more.
Located in Little River/Little Haiti—recently named the “coolest neighborhood in Miami” by Time Out Magazine—the area is rapidly transforming from industrial to creative office, retail, restaurants, breweries, showrooms, and other cultural uses. It is home to Miami’s best restaurant, Sunny’s Steakhouse; top entertainment venue, ZeyZey; the U.S.’s largest padel club, Ultra Padel; Michelin-starred Boia De; Bib Gourmand restaurant La Natural; plus Citadel Food Hall, Magic 13 Brewing, Imperial Moto Cafe, Fooq’s, Magie, Tran An, Raw Fit, Mid’s Market, Counter Culture Coffee, Eliou, Ogawa, Bar Bucce, Fiorito, and 727 Pilates, among others.
Several large-scale projects are underway, including the 349-unit Sixty Uptown at Magic City Innovation District, AJ Capital’s 27-acre mixed-use development, Cedar Street’s 191-unit project, Swerdlow’s mega development, Yakol’s HOUSE by Shigeru Ban, and Midtown Capital’s 348-unit project.
This presents an opportunity to acquire a property ripe for adaptive reuse redevelopment, attain creative office or retail rents, which now are in the $30s to $40s PSF on a NNN basis, while the neighborhood continues to get developed and retaining its vertical development upside.