Retail 2nd Gen Restaurant Space | 1440 W Flagler St
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Retail 2nd Gen Restaurant Space 1440 W Flagler St
3,030 SF 26% Leased Retail Building Miami, FL 33135 £860,695 (£284/SF)
Investment Highlights
- Located right on W Flagler St with over 3,000 SQFT
- 2nd Generation Kitchen
- Commercial Zoning T6-8-O
- Near major employment centers
Executive Summary
3 bay Retail Building on Flagler. 3,000sf building on 6,000sf lot, 3 bay building. The property does have permit issues that buyer wil have to confront to make property usable. Little Havana is booming with a wave of new high- quality developments adding to the existing substantial population base, meaning a wealth of new employment and improved conditions for the whole neighborhood. Local rents are skyrocketing, and you’ll be able to ride that upswing with this project. Little Havana is centric to all major employments centers of Miami, with great transit connectivity, neighborhood walkability, and an inviting and rich local culture that makes the neighborhood an amenity. The area is booming with new residential developments bringing more people to an already dense population district, and retailers are coming in aggressively following their consumers. Underlying T6-8-O mixed use high density zoning means the property can be developed in the future.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,030 SF
Building Class
C
Year Built/Renovated
1955/2015
Price
£860,695
Price Per SF
£284
Percent Leased
26%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.50
Land Acres
0.14 AC
Zoning
T6-8-O - 150 Units per acre
Frontage
54 ft on W Flagler St
Walk Score ®
Walker's Paradise (92)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 01-4102-006-0570 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £466,073 |
PROPERTY TAXES
Parcel Number
01-4102-006-0570
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£466,073
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Retail 2nd Gen Restaurant Space | 1440 W Flagler St
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