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Retail 2nd Gen Restaurant Space 1440 W Flagler St

3,030 SF 26% Leased Retail Building Miami, FL 33135 $1,100,000 ($363/SF)

Investment Highlights

  • Located right on W Flagler St with over 3,000 SQFT
  • 2nd Generation Kitchen
  • Commercial Zoning T6-8-O
  • Near major employment centers

Executive Summary

3 bay Retail Building on Flagler. 3,000sf building on 6,000sf lot, 3 bay building. The property does have permit issues that buyer wil have to confront to make property usable. Little Havana is booming with a wave of new high- quality developments adding to the existing substantial population base, meaning a wealth of new employment and improved conditions for the whole neighborhood. Local rents are skyrocketing, and you’ll be able to ride that upswing with this project. Little Havana is centric to all major employments centers of Miami, with great transit connectivity, neighborhood walkability, and an inviting and rich local culture that makes the neighborhood an amenity. The area is booming with new residential developments bringing more people to an already dense population district, and retailers are coming in aggressively following their consumers. Underlying T6-8-O mixed use high density zoning means the property can be developed in the future.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,030 SF
Building Class
C
Year Built/Renovated
1955/2015
Price
$1,100,000
Price Per SF
$363
Percent Leased
26%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Lot Size
0.14 AC
Zoning
T6-8-O - 150 Units per acre
Frontage
54 FT on W Flagler St
Walk Score ®
Walker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The YMCA
Regions Bank
Sedano's
Starbucks
PNC Bank
Rent-A-Center
Wells Fargo Bank
CrossFit
TD Bank
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-4102-006-0570
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$595,658
  • Listing ID: 28103577

  • Date on Market: 9/13/2022

  • Last Updated:

  • Address: 1440 W Flagler St, Miami, FL 33135

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