60 NW 12th Ave | Miami, FL 33128
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60 NW 12th Ave
Miami, FL 33128
Retail Property For Sale
Investment Highlights
- Redevelopment Opportunity - New Zoning
- 142 FT Frontage on 12th AVe
- Large Lot
- Close to Jackson Memorial
Executive Summary
Redevelopment Opportunity in one of the Hottest Area of Miami
Free Standing Building/Land - Redevelopment Potential,
Unique oversized lot in the most desirable area, surrounded by all national retailers.
New Zoning allows a mix use high rise (125 Units Potential)
Land: 36,450 SF
Building: 25,807 SF
Parking: +45 Parking Spaces
Video: https://www.dropbox.com/s/gvwdxitx6otgeau/Commercial.mov?dl=0
NW 12th Ave - Average Vehicles Per Day = 22,000!
West Flagler St - Average Vehicles Per Day = 18,500!
Free Standing Building/Land - Redevelopment Potential,
Unique oversized lot in the most desirable area, surrounded by all national retailers.
New Zoning allows a mix use high rise (125 Units Potential)
Land: 36,450 SF
Building: 25,807 SF
Parking: +45 Parking Spaces
Video: https://www.dropbox.com/s/gvwdxitx6otgeau/Commercial.mov?dl=0
NW 12th Ave - Average Vehicles Per Day = 22,000!
West Flagler St - Average Vehicles Per Day = 18,500!
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
25,000 SF
Building Class
C
Year Built/Renovated
1941/2013
Price
$17,900,000
Price Per SF
$716
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.68
Lot Size
0.84 AC
Zoning
SD-14 - Commercial-residential
Parking
50 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
142 FT on NW 12th Ave
Amenities
- Property Manager on Site
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 01-4102-005-9420 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,502,053 |
PROPERTY TAXES
Parcel Number
01-4102-005-9420
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,502,053
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