Marketplace 119: Premier Retail Opportunity in Miami
Welcome to Marketplace 119, a standout retail property superbly located at 990 NW 119 Street, Miami, FL 33168. This property offers an incredible owner-user opportunity in a vibrant and growing neighborhood, perfect for a range of commercial uses.
Meat Market/Restaurant/Retail
Property Highlights:
Address: 990 NW 119 Street, Miami, FL 33168
Asking Price: $2,300,000
Market Value: $2,390,000 (April 2023)
Building Size: 3,988 SF
Lot Size: 12,675 SF
Zoning: NCUAD – North Central Urban Area District
Year Built: 1988, Fully Renovated in Recent Years
Price per Square Foot: $599.30
Features and Facilities:
The property has been completely renovated, offering a pristine, turnkey setup currently designed as a meat market butcher shop. This includes a commercial food prep area, refrigerated storage, and dedicated retail space.
The meticulous maintenance extends throughout the storefront, back-of-house, and front-of-house areas, ensuring a spotless environment that reflects the quality of the premises.
Ample on-site parking and easy access from NW 119 Street and NW 10 Avenue facilitate seamless customer inflow and outflow, enhancing the commercial appeal of the site.
Strategic Location:
Situated in Flood Zone X, Marketplace 119 benefits from average visibility and convenient accessibility, characteristics essential for business operations.
The property is nestled in a stable, mature neighborhood that shows promise for future growth, making it an excellent investment for businesses looking to expand or consolidate their operations in Miami.
Financial Overview:
The property boasts an assessed value of $636,848 with annual real estate taxes amounting to $11,320.
This is an exceptional opportunity for businesses in the retail, food service, or any commercial sector looking for a high-quality, move-in-ready property in a prime Miami location. Marketplace 119 not only offers superior physical space but also the potential for significant business growth and development, thanks to its strategic positioning and comprehensive amenities.
For more information or to schedule a visit, please contact us. We look forward to helping you seize this fantastic commercial opportunity.