274 ALHAMBRA CIR, Coral Gables
$3,595,000 USD
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| Address | 274 ALHAMBRA CIR, Coral Gables |
| Type of Property | Retail |
| Type of Business | Other Type, Restaurant / Bar |
| Price | $3,595,000 |
| Property Status | Active |
| MLS Number | A11854076 |
| Property Size | 5000 |
| Lot Size | 5000 |
| Year Built | 1940 |
| Folio Number | 03-41-08-006-2960 |
| Zoning Information | 5005 |
| Days on Market | 58 |
Detailed Description: Prime two-tenant net leased asset located at 274 Alhambra Circle in Coral Gables, Florida. Positioned along one of the city’s most prominent business corridors, this 4,850-square-foot building sits on a 5,000-square-foot parcel, offering a rare investment opportunity in a high-barrier-to-entry market. Strategically situated in the heart of Coral Gables, the property boasts exceptional walkability and is just two blocks from Miracle Mile, the area’s premier destination for dining, shopping, and entertainment. The asset presents significant future upside, as current rental rates avg $39 per square foot NNN, well below the prevailing market rates. Fully Built out Restaurant and Established Dry Cleaner with Over 30 Years of Operation. Attractive Owner Financing!
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Address Information
| State | Florida |
| City | Coral Gables |
| County | Miami-Dade County |
| Zip Code | 33134 |
| Address | 274 ALHAMBRA CIR |
| Section | 6 |
| Zip Code (4 Digits) | 5127 |
Financial Information
| Price | $3,595,000 |
| Price per Foot | $0 |
| Folio Number | 03-41-08-006-2960 |
| Tax Amount | $48,894 |
Full Descriptions
| Detailed Description | Prime two-tenant net leased asset located at 274 Alhambra Circle in Coral Gables, Florida. Positioned along one of the city’s most prominent business corridors, this 4,850-square-foot building sits on a 5,000-square-foot parcel, offering a rare investment opportunity in a high-barrier-to-entry market. Strategically situated in the heart of Coral Gables, the property boasts exceptional walkability and is just two blocks from Miracle Mile, the area’s premier destination for dining, shopping, and entertainment. The asset presents significant future upside, as current rental rates avg $39 per square foot NNN, well below the prevailing market rates. Fully Built out Restaurant and Established Dry Cleaner with Over 30 Years of Operation. Attractive Owner Financing! |
Property parameters
| Living Area | 5000 |
| Lot Size | 5000 |
| Total Acreage | 0.000 |
| Zoning Information | 5005 |
| Maximum Leasable Size | 5000 |
| Year Built | 1940 |
| Type of Property | Retail |
| Type of Business | Other Type, Restaurant / Bar |
| Listed with | Landy Toledo LLC |