Wynwood Flex with High Ceilings 2820-2824 NW 5th Ave 14,773 SF 12% Leased Retail Building Miami, FL 33127 £4,345,275 (£294.14/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.

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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
£4,345,275
Price Per SF
£294.14
Percent Leased
12%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.00
Lot Size
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 (96)
Bike Score®
Very Bikeable (81)

NEARBY MAJOR RETAILERS

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

PROPERTY TAXES

  • Listing ID: 24755664

  • Date on Market: 03/01/2022

  • Last Updated:

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