Commercial opportunity located directly on NW 27th Avenue in Miami within the Wilson Estate subdivision. The property features a 1-story building with approximately 1,988 SF situated on a 3,600 SF lot. Current primary land use: Store/Retail Outlet/Warehouse. Zoning: 6051 UCH Mixed Use Corridor (MC4 Max Height).The building includes two interior… Read More restrooms positioned on opposite sides of the structure, allowing flexibility for potential division. Layout may accommodate two separate retail spaces, offering income diversification potential.Currently tenant-occupied with long-term tenant paying $4,600/month. Rent has not been increased in several years, presenting upside potential.Located on a high-traffic main corridor with strong visibility. NW 27th Avenue features multiple lanes in both directions and is serviced by the Metrorail line, enhancing exposure and accessibility. Multiple on-site parking spaces. Additional parking expansion may be possible by converting side grass area to concrete (buyer to verify).Zoning permits a variety of uses including retail, auto parts, restaurant/food service, professional office, and similar commercial applications (buyer to verify with city). City may allow installation of storefront windows along street-facing façade (buyer to verify). Potential for vertical expansion (second floor), subject to city approval.Property equipped with surveillance camera system. Seller motivated. Read Less
Courtesy of Jenny Forth, Keller Williams Elite Properties 305-931-2224
Listing Snapshot
Days Online
122
Last Updated
Property Type
Mixed Use
Square Ft.
1,988
Lot Size
0.08 Acres
Year Built
1948
MLS Number
A11966622
Additional Details
Building
Built in 1948, Building features: "Loading Space(s)", Toal building area: 1988, 1 total unit
Lot
0.08 acres
Parking
"Guest", 6 total parkings
Property
Zoning: 6051
Taxes
Annual amount: $4,724
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