For Sale
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4200 2Nd AveMiami, FL 33127

Three-bay retail, 7,149 sq ft, Wynwood, Miami

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional three-bay retail property, totaling 7,149 square feet, is situated on a 10,965 square foot lot in Miami's vibrant Wynwood neighborhood. Built in 1957 and extensively renovated in 2024, this Class B property offers a compelling value-add investment opportunity. The property features three units, with one bay fully leased, providing immediate cash flow. A second, recently completed 1,400 square foot bay is actively being marketed for lease. The third, approximately 4,400 square foot bay, is ideally suited for a full-service restaurant and lounge, with submitted city plans awaiting approval. Located in the desirable Wynwood Norte area, this property benefits from its proximity to major retailers, the Design District, public transportation, and major thoroughfares. The property is zoned T4-L - Miami21, and is offered as a fee simple ownership with a triple net (NNN) lease type. This investment presents a rare chance to capitalize on the sustained growth and high demand within this dynamic South Florida market, offering the potential for long-term, stable cash flow and significant capital appreciation. The property is part of an auction scheduled for December 16th-18th. This is a prime opportunity to acquire a well-positioned retail asset in one of Miami's most sought-after neighborhoods.

Highlights

  • Gut-renovated, three-bay retail property totaling 7,149 square feet on a 0.25-acre lot in Miami's Wynwood neighborhood.
  • One bay is fully leased, providing immediate cash flow; another is recently completed and actively marketed for lease.
  • Excellent location near major retailers and the Design District.
  • Convenient access to public transportation and major thoroughfares.
  • Auction: December 16th-18th.

Property Details for 4200 2Nd Ave

Property type
Retail properties, Restaurants
Square Feet
7,149 SF
Class
B
Year Built/Renovated
1957/2024
Buildings
1
Stories
1
Units
3

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.815102839237
Longitude
-80.199620409301
4200 2Nd Ave, Miami, Florida

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4200 2Nd Ave
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