USD 2,250,000
1950 NW 17th Ave
Miami, Florida 33125
Property Description
Extraordinary opportunity to invest in this commercial property located in up-and-coming Allapattah. Offering excellent exposure to NW 17 Ave. Consists of 4 units with 4 separate electrical meters. Currently occupied by 3 tenants, a nail/hair salon (2), market (1), and laundromat (1). Utilities are split by 2 water meters and 1 gas meter for the laundromat. All units have updated electrical panels and accordion shutters. Each unit has its own bathroom and extra space for storage or eating area. The property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of the area. There is an opportunity to raise rents to market value, making this a great value add deal. DO NOT DISTURB TENANTS.
Listed by The Keyes Company
Property Details
- ID #
- A11210743
- Status
- Sale
- Type
- Commercial, Industrial
- Zip Code
- 33125
- Year Built
- 1949
- Building Feature
- Air Conditioning
- Ground Feature
- Fenced
- Septic
- City sewer
- Construction
- Concrete Block Construction
- Electric Service
- Separate Meters
- Floor
- Ceramic Floor
- Lease Term
- 1 To 3 Year Lease
- Location
- City Location
- Occupancy
- Tenant Occupied
- Parking
- Other Parking, Street Parking
- Road Frontage
- City Road
- Road Type
- Two Lane
- Storm Protection
- Partial Accordian Shutters
- Type of Building
- Strip Store
- Utilities
- Internet
- Zoning Information
- 6100
- Miscellaneous
- Coffee Shop, Laundry Facilities, Private Restrooms, Separate Office Area, Storage
