1440 Flagler StMiami, FL 33135

This exceptional 3,030 square foot, single-story retail building presents a unique redevelopment opportunity in Miami's vibrant Little Havana neighborhood. Located on West Flagler Street, this fee-simple property sits on a 6,000 square foot lot and boasts three bays, ideal for a restaurant or storefront. Built in 1955 and renovated in 2014, the property is currently vacant. The building is classified as Class C and features a second-generation kitchen, making it perfect for a quick conversion. The asking price is $999,999, translating to $330.03 per square foot. The property is zoned T6-8-O, allowing for mixed-use high-density development in the future. While the property has permit issues that a buyer will need to address, the potential for significant return is undeniable. Little Havana's booming real estate market, fueled by new high-quality developments and increased residential density, is driving up local rents. This prime location offers excellent transit connectivity, walkability, and proximity to major Miami employment centers. The rich local culture and dense population make this a highly desirable area for businesses. This is a chance to capitalize on the area's growth and create a thriving commercial venture. The property consists of three units within a single building. Serious inquiries only.