55 Merrick WayCoral Gables, FL 33134

Property Details for 55 Merrick Way

Year built

2008

Property size (Sq ft)

2,700 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional retail condo, located at 55 Merrick Way #6 in the heart of Coral Gables, Florida, presents a unique investment opportunity. Boasting approximately 2,700 to 2,800 square feet of ground floor space, this vacant property is ideally situated where Coral Way intersects Douglas Road and transitions into the vibrant Miracle Mile. Built in 2008, the space is designed for immediate occupancy and offers a bright and inviting atmosphere. The ground floor features a spacious reception area, six treatment rooms, a glass-enclosed conference room, a sizable kitchenette, and a private bathroom. Adding to its versatility, two mezzanines, totaling approximately 700 square feet, provide an additional two treatment rooms (each equipped with sinks) and a shared workspace. The property's prime location within the bustling Coral Gables commercial district ensures high visibility and accessibility. The asking price is $2,400,000. While the property is currently vacant, projected completion of planned improvements is anticipated for early 2025. Note that provided images are renderings of the planned improvements. This property is zoned for retail use and offers significant potential for a variety of businesses. The Miami-Dade County location, combined with the prestigious Coral Gables address and proximity to Miracle Mile, makes this a highly desirable investment. The zip code is 33134.

Location Insight

City

Coral Gables

County

Miami-Dade

State

Florida

Latitude

25.7509

Longitude

-80.2556

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