1535 W Flagler St
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1535 W Flagler St
7,500 SF Retail Building Miami, FL 33135 $2,300,000 ($307/SF)
Investment Highlights
- Ideal auto repair facility with one service bay and four lifts
- Ample space for vehicle maneuvering and customer parking
- Turnkey investment with stable rental income and immediate cash flow
- 700 sq. ft. building on a spacious 7,500 sq. ft. lot
- Leased at approximately $3,500 per month, month-to-month basis
Executive Summary
1535 W Flagler is an ideal auto repair facility featuring one service bay and four lifts. The 700 sq. ft. building is set on a spacious 7,500 sq. ft. lot, providing ample space for vehicle maneuvering and customer parking. Zoned T6-8-O, the property is currently leased at approximately $3,500 per month on a month-to-month basis, generating consistent income. The existing tenant operates an auto repair shop, making this a turnkey investment for those seeking a stable rental property with immediate cash flow potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,500 SF
Building Class
C
Year Built
2000
Price
$2,300,000
Price Per SF
$307
Tenancy
Single
Building Height
1 Story
Building FAR
0.98
Land Acres
0.18 AC
Zoning
T6-8-O-Urban Core Zone - Zoned T6-8-O, allowing for future development potential
Parking
17 Spaces (2.26 Spaces per 1,000 SF Leased)
Frontage
50 FT on West Flagler Street
Walk Score ®
Walker's Paradise (92)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 01-4102-006-0150 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $621,328 |
PROPERTY TAXES
Parcel Number
01-4102-006-0150
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$621,328
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1535 W Flagler St
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