523-529 NW 28th St - Loft/Creative Space FOR SALE


Miami, FL 33127
$6,300,000 USD
305-507-7098
523-529 NW 28th St, Miami, FL for Sale
$6,300,000 USD
Loft/Creative Space - FOR SALE
1/8
null | Request Cap Rate

523-529 NW 28th St
Miami, FL 33127


HIGHLIGHTS

  • Highly efficient commercial building ideal for office, showroom, or F&B venue.
  • Gated on-site parking
  • Outdoor Area
  • No columns & high ceilings
  • Future development opportunities

OVERVIEW

Wynwood commercial property for sale in one of the neighborhood's most dynamic corridors. The subject property is located in Wynwood's 5th Avenue quadrant and offers investors the opportunity to acquire a highly efficient building with on-site private parking. The property can easily be readapted to house a state-of-the-art office, showroom, or Food and beverage venue. The property features a rare opportunity to acquire a free-standing commercial building and an abutting vacant land parcel that has been improved to provide on-site gated parking. Alternatively, from a development perspective, the site sits within Wynwood's NRD zoning overlay, allowing for the development of Office and other Commercial uses while taking advantage of many of the NRD's benefits and concessions. The property also boasts an excellent location, close to Downtown Miami, Edgewater, Midtown, and the Design District. Additionally, its location offers immediate access to major transportation arteries and public transportation. Overall, this property presents an exciting opportunity for users or developers looking to enter the Wynwood market and want to take advantage of the area's thriving economic environment. This property can also be sold separately.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$766 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Wynwood Commercial Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

undefined, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,750 SF

ZONING

D1

APN/PARCEL ID

01-3125-024-2760,01-3125-024-2770

ASK ABOUT THIS PROPERTY

Alfredo RiascosGridline PropertiesMore Info
305-507-7098

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Alfredo RiascosGridline PropertiesMore Info
305-507-7098

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