For Sale
$2,950,000

1201 22Nd St Miami, FL 33145

Prime Miami location, high-traffic, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional mixed-use property, located at 1201 SW 22nd St, Miami, FL 33145, presents a compelling investment opportunity. Currently housing a well-established Mediterranean restaurant with over 30 years of operation, the 3,261 square foot building sits on a 10,506 square foot lot. The property boasts a fully equipped commercial kitchen, spacious dining area, and modern fixtures, making it ideal for continued restaurant operation or redevelopment. The sale may include existing furniture, fixtures, and equipment (FF&E), facilitating a smooth transition for new owners. Zoned T6-8-O, this property offers one of Miami's most flexible zoning codes, allowing for a wide range of commercial and residential uses. The building is a single-story structure with 100% occupancy and a 5.00% cap rate. Ample parking is available, enhancing convenience for customers and staff. The asking price is $2,950,000, translating to $904.63 per square foot. Its strategic location in Miami, between Brickell, Coconut Grove, and Coral Gables, ensures high visibility and consistent customer flow, making this a highly valuable long-term investment with significant potential for future expansion or redevelopment. This is a rare chance to acquire a premium commercial property in a dynamic Miami area.

Highlights

  • Prime Miami location: Situated between Brickell, Coconut Grove, and Coral Gables.
  • Established Mykonos Restaurant: A successful Mediterranean Greek restaurant operating for over 30 years.
  • Turnkey Restaurant Space: Features a fully equipped commercial kitchen and spacious dining area.
  • Flexible Layout: Adaptable for various businesses; can be delivered vacant.
  • FF&E Available: Restaurant furniture, fixtures, and equipment (FF&E) may be included in the sale.
  • T6-8-O Zoning: Allows diverse commercial and residential uses.

Property Details for 1201 22Nd St

Property type
Retail properties, Mixed-use properties
Square Feet
3,261 SF
Buildings
1
Stories
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.75115279965
Longitude
-80.214497733257

FAQs

What type of property is this?
Retail property - Prime Miami location, high-traffic, redevelopment potential.
Where is the retail property located?
The property is located at 1201 22Nd St Miami, FL.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Prime Miami location: Situated between Brickell, Coconut Grove, and Coral Gables.; Established Mykonos Restaurant: A successful Mediterranean Greek restaurant operating for over 30 years.; Turnkey Restaurant Space: Features a fully equipped commercial kitchen and spacious dining area.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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1201 22Nd St
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