Unique opportunity to acquire free-standing commercial property situated on the corner of Northwest 17th Ave main corridor blocks from River Landing Class A development, the Health District and numerous developments. Total Lot size of 5,045 with T6-8-O Zonin

1818 NORTH WEST 17TH AVE, Miami

$1,499,000 USD
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Address1818 NORTH WEST 17TH AVE, Miami
Type of PropertyRetail
Type of BusinessRetail Space
Business LocationCity Location,Corner Unit,Corner Lot
Property StyleRetail
Price$1,499,000
Previous Price$1,599,000 (132 days ago)
Property StatusActive
MLS NumberA11536819
Property Size5043
Lot Size5043
Year Built1918
Folio Number01-31-34-013-0400
Zoning Information6100
Days on Market132

Detailed Description: Unique opportunity to acquire free-standing commercial property situated on the corner of Northwest 17th Ave main corridor blocks from River Landing Class A development, the Health District and numerous developments. Total Lot size of 5,045 with T6-8-O Zoning and two structures – Main building of 3,696 sq.ft is currently Operating as a Grocery Store on ground level, storage / office on the second / third story. Secondary structure of 741 sq.ft leased out to a tire shop paying $38,052 In annual gross rent. The Grocery store will be vacated at closing making this a perfect opportunity for an owner user or repositioning opportunity to attract new tenants. Several new multifamily projects nearby, prime location for QSR, restaurant, retail, grocery, bank, or more in rapidly redeveloping neighborhood.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33125
Address1818 NORTH WEST 17TH AVE
Business LocationCity Location,Corner Unit,Corner Lot
Section34
Zip Code (4 Digits)2331
Financial Information
Price$1,499,000
Price per Foot$0
Previous Price$1,599,000
Folio Number01-31-34-013-0400
Tax Amount$9,147
Tax Year2023
Possession InformationFunding
Full Descriptions
Detailed DescriptionUnique opportunity to acquire free-standing commercial property situated on the corner of Northwest 17th Ave main corridor blocks from River Landing Class A development, the Health District and numerous developments. Total Lot size of 5,045 with T6-8-O Zoning and two structures – Main building of 3,696 sq.ft is currently Operating as a Grocery Store on ground level, storage / office on the second / third story. Secondary structure of 741 sq.ft leased out to a tire shop paying $38,052 In annual gross rent. The Grocery store will be vacated at closing making this a perfect opportunity for an owner user or repositioning opportunity to attract new tenants. Several new multifamily projects nearby, prime location for QSR, restaurant, retail, grocery, bank, or more in rapidly redeveloping neighborhood.
Year Built DescriptionResale
How to ReachYou can find 1818 NW 17th Avenue in Miami by heading south on NW 17th Avenue if you’re coming from the north, or heading north on NW 17th Avenue if you’re coming from the south.
Roof DescriptionShingle
Floor DescriptionWood
Cooling DescriptionCentral Building A / C
Heating DescriptionCentral Electric
Water DescriptionPublic
Sewer DescriptionOther
Parking DescriptionOn Street
Property parameters
Living Area5043
Lot Size5043
Total Acreage0.000
Zoning Information6100
Maximum Leasable Size5043
Year Built1918
Type of PropertyRetail
Type of BusinessRetail Space
StyleRetail
Stories Number3
Street DirectionNorth West
Listed withCompass Florida, LLC.