128 NW 25th St - Warehouse FOR SALE


Miami, FL 33127
$5,500,000 USD
917-312-2219
128 NW 25th St, Miami, FL for Sale
$5,500,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

128 NW 25th St
Miami, FL 33127


HIGHLIGHTS

  • Free Standing Property in a Core Wynwood Location
  • Infill Development or Adaptive Re-Use
  • Just off NW 2nd Ave, Steps from Wynwood Walls and Panther Coffee
  • Ideal Opportunity For Investor, Developer, or Owner User

OVERVIEW

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 128 NW 25th Street in Miami, FL. The subject property is a freestanding building spanning 4,894 SF on a 7,000 SF lot. It is located just off NW 2nd Avenue, one of Wynwood’s main corridors, and is steps away from the Wynwood Walls and Panther Coffee. The property offers an excellent adaptive re-use opportunity to create a retail concept with outdoor seating or to be utilized as office space. Under traditional Wynwood NRD-1 zoning, the property allows for the development of up to 8 stories and approximately 36 multi-family units or 72 hotel rooms. Additionally, if upzoned under the Live Local Act, there is potential for greater development heights and density. The property is strategically positioned between Society, a recently completed 318-unit building, and AMLI with 316 units. Wynwood currently has 28 development projects in progress, totaling 3,227 residential units, 192 hotel rooms, 662k SF of office space, and 361k SF of retail space.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$1,124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

UTILITIES

Lighting - Fluorescent, Water - County, Sewer - County, Heating - Electric

CLEAR CEILING HT

20 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16

LAND SF

7,000

ZONING

T-5-O

APN/PARCEL ID

01-3125-036-0140,01-3125-036-0150

ASK ABOUT THIS PROPERTY

Devlin MarinoffDWNTWN Realty AdvisorsMore Info
917-312-2219

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Devlin MarinoffDWNTWN Realty AdvisorsMore Info
917-312-2219

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.