2801 NW 5th Ave - Storefront FOR SALE


Miami, FL 33127
$6,500,000 USD
305-776-5345
2801 NW 5th Ave, Miami, FL for Sale
$6,500,000 USD
Storefront - FOR SALE
1/11
null | Request Cap Rate

2801 NW 5th Ave
Miami, FL 33127


HIGHLIGHTS

  • Foot traffic
  • Hard corner
  • Natural light
  • TOD
  • Preferred zoning

OVERVIEW

Strategically positioned at a highly visible hard corner within Wynwood's dynamic retail corridor, this property offers 5,432 square feet of versatile space on a 9,295-square-foot lot. Featuring 17’6” ceilings, the interiors exude openness and grandeur, ideal for creating immersive retail, gallery, or experiential environments. The expansive glass storefront allows abundant natural light while offering unparalleled street visibility, making it a prime canvas for captivating displays. A second-floor space enhances the building's adaptability, providing an excellent option for modern offices or private showrooms. The property also includes a gated rear parking lot with seven dedicated spaces, a rare convenience in Miami's urban core. This is a unique opportunity for visionary concepts in high-end retail, gallery spaces, or creative office uses to thrive in the heart of Wynwood, a neighborhood celebrated for its art, commerce, and innovation. Development Opportunities: The property’s T5-O zoning unlocks significant potential for ground-up, mid-density, mixed-use development, making it an ideal site for a landmark project. Its zoning flexibility and prominent corner location provide endless possibilities. Key Zoning Highlights: Transit-Oriented Development (TOD) Overlay - Reduced parking requirements to maximize buildable space and lower costs. Aligned with Miami's transit-friendly and sustainable development strategies. Affordable & Attainable Mixed-Income Overlay: Potential incentives for integrating attainable housing into the project. NRD-1 Wynwood Overlay: Encourages cutting-edge designs reflecting Wynwood's artistic and creative identity. Opportunities Leverage the height allowances, TOD benefits, and Wynwood’s vibrant cultural backdrop to create a multi-story mixed-use development. This site offers the perfect blend of visibility, zoning versatility, and design potential to establish a prominent presence in one of Miami’s most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$1,197 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

I

APN/PARCEL ID

01-3125-024-2930

ASK ABOUT THIS PROPERTY

Mikael HamaouiRiviera HorizonsMore Info
305-776-5345

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Mikael HamaouiRiviera HorizonsMore Info
305-776-5345

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