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4940 NW 7th Ave

4,750 SF Retail Building Miami, FL 33127 $1,150,000 ($242/SF)

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Investment Highlights

Remodeled in 2018, this retail building offers a total of 4,750 square feet on a gated lot in Miami, Florida.
Population of 240,000 reside within a 3-square mile radius of the property: median household income of $39,800 for this population.

With 45-feet of frontage, the property receives great visibility: passed by over 18,000 drivers daily.

Executive Summary

Conveniently situated on NW 7th Avenue, with easy access to I-95 and just moments away from Mimo, Design District, Wynwood, Midtown, and downtown Miami. This meticulously maintained fitness studio presents a golden opportunity for entrepreneurs looking to break into or expand within the thriving fitness industry. Its strategic positioning and top-notch amenities set the stage for ongoing success.
Renovated in 2018, the building boasts updated restrooms, flooring, lighting, AC, and storefront windows, ensuring a modern and inviting atmosphere for clients. The main building spans 1200 square feet, while the portable workout area offers a generous 1650 square feet. Additionally, the property features a private gated parking area covering 1350 square feet, providing convenience and security for clients.