2734 1St AveMiami, FL 33127

The Onyx, a stunning four-story, 18,800 square foot Class A building in Miami's Wynwood neighborhood, is available for sale at $10,000,000. This free-standing corner building boasts 7,790 square feet on the ground and second floors, and 7,890 square feet on the third and fourth floors, plus a 3,120 square foot penthouse with an outdoor deck. Its prime location offers ample valet parking and is ideally suited for a retail or fitness tenant on the ground floor, capitalizing on the upcoming pedestrian Woonerf project on Wynwood's 1st Avenue. The upper floors provide ample office space with substantial storage. The building is strategically positioned near several large mixed-use developments, including Wynwood 29, Artem Green, Wynd 27&28, Quarters Wynwood, and Diesel Wynwood, totaling over 800 apartment units within a four-block radius. The property features grease traps and fire-rated exhaust ducts, making it suitable for various uses. With a 9.40% cap rate, this presents a compelling investment opportunity in a vibrant and rapidly growing area. The building's multi-tenancy allows for diverse income streams. This exceptional property offers a unique blend of retail and office space in a highly sought-after location.