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Gelfand Realty Miami Properties for Sale - Retail for Sale

274 ALHAMBRA CIR, CORAL GABLES, FL 33134

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Retail - for Sale

274 ALHAMBRA CIR, CORAL GABLES, FL 33134

Asking Price$3,595,000

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  • Days on market:

    1 day(s)
  • Original Price:

    $3,595,000
  • Tax Legal Description:

    CORAL GABLES SEC K PB 8-33 LOTS 5 & 6 LESS PART OF LOT 6 AS PER DB 3947-76 BLK 28 LOT SIZE 50.000 X 100 OR 15528-0758 0592 1
  • Property Type:

    Retail
  • Special Listing Conditions:

    Sale

Description

$3,595,000

Prime two-tenant net leased asset located at 274 alhambra circle in coral gables, florida. positioned along one of the city's most prominent business corridors, this 4,850-square-foot building sits on a 5,000-square-foot parcel, offering a rare investment opportunity in a high-barrier-to-entry market. strategically situated in the heart of coral gables, the property boasts exceptional walkability and is just two blocks from miracle mile, the area’s premier destination for dining, shopping, and entertainment. the asset presents significant future upside, as current rental rates avg $39 per square foot nnn, well below the prevailing market rates. fully built out restaurant & established dry cleaner with over 30 years of operation. attractive owner financing!

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