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Retail - for Sale

6471 SW 8TH ST, MIAMI, FL 33144

Asking Price$1,600,000

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  • Days on market:

    1 day(s)
  • Original Price:

    $1,600,000
  • Tax Legal Description:

    FAIRLAWN PB 8-83 LOTS 17 & 18 BLK 30 LOT SIZE 50.000 X 120 OR 18386-2432 1098 5
  • Property Type:

    Retail
  • Special Listing Conditions:

    Sale

Description

$1,600,000

Located in the heart of miami’s flagami neighborhood on bustling sw 8th street (calle ocho), this fully renovated 4-bay retail building offers an ideal opportunity for investors or owner-users alike. the ±2,176 sf building sits on a highly visible corner with over 10 on-site parking spaces and excellent frontage on one of the city's most traveled corridors. three of the four retail bays are leased on a month-to-month basis, currently generating $8,000/month. the flexible lease structure provides a value-add opportunity for investors or a chance for an owner-operator to occupy a portion or all of the building. with a proforma gross annual income of $144,000, the asset offers strong upside potential in one of miami’s most dynamic retail corridors.

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