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Wynwood Flex with High Ceilings 2820-2824 NW 5th Ave

14,773 SF 12% Leased Retail Building Miami, FL 33127 £4,499,088 (£305/SF)

Investment Highlights

  • SELLER FINANCING AVAILABLE AT BELWO MARKET RATE!
  • Twin T Roof
  • 18 Clear Ceilings
  • Prime Wynwood Location on 5th Ave

Executive Summary

SELLER FINANCING AVAILABLE AT BELOW MARKET RATE: up to 80% LTV
Facing 5th ave and in the highly desirable Wynwood, this flex space offers a total of 13,000 sqft equally divided on 2 floors, with the 2nd floor boasting extra high 18 foot ceilings with twin T roof! Massive open space perfect for a gallery, showroom, restaurant, club, retail or hybrid. Both floors are fully air-conditioned with units less than 3 years old.
5th Ave is the future of Wynwood, with the Master Plan approved in 2020, 5th ave is expected to see a massive redesign take place making 5th Ave a main Miami corridor.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
14,773 SF
Building Class
C
Year Built
1952
Price
£4,499,088
Price Per SF
£305
Percent Leased
12%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.00
Land Acres
0.34 AC
Zoning
T5-0 - T5-O and within the Wynwood NRD overlay.
Parking
5 Spaces (0.34 Spaces per 1,000 SF Leased)
Frontage
50 ft on 5th Ave

Amenities

  • Bus Route

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 6,500-6,514 SF
  • Retail
  • In-Line
  • Now
  • 2nd Floor
  • 6,500-6,514 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
1st Floor 6,500-6,514 SF Retail In-Line Now
2nd Floor 6,500-6,514 SF Retail In-Line Now

1st Floor

Size
6,500-6,514 SF
Space Use
Retail
Position
In-Line
Available
Now

2nd Floor

Size
6,500-6,514 SF
Space Use
Retail
Position
In-Line
Available
Now
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase
TD Bank
CTown
Citi
Bartaco
Bank OZK
Regions Bank
Velvet Taco
freshii
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3125-024-2610
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,131,327
  • Listing ID: 24755664

  • Date on Market: 03/01/2022

  • Last Updated:

  • Address: 2820-2824 NW 5th Ave, Miami, FL 33127

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