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Gelfand Realty Miami Properties for Sale - Retail for Sale

480 31 #9, MIAMI, FL 33137

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Retail - for Sale

480 31 #9, MIAMI, FL 33137

Asking Price$625,000

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  • Days on market:

    2 day(s)

  • Original Price:

    $625,000

  • Tax Legal Description:

    ILANA PB 171-085 T-22958 A PORT OF TR C DESC AS FOLLOWS COMM AT NW COR OF LOT 1 OF KORN TERR PB 19-6 TH S00 DEG W 162.44FT S90 DEG E 8.86FT

  • Property Type:

    Retail

  • Lease Term Remaining:

    1 To 3 Year Lease

  • Cooling Description:

    Central Building A/C

  • Heating Description:

    Central Electric

  • Special Listing Conditions:

    Sale

Description

$625,000

For sale: new construction retail space on the ground floor in the highly esteemed paraiso district of edgewater's luxury community. situated amidst a thriving residential area with over 2000 residences and a significant presence trendy miami lifestyle. high visability. the space is currently fully leased as a smoke shop, generating a solid 7% return on investment. the owner retains the option to renew the lease. this investment opportunity offers both security and potential growth, benefiting from the increasing values in one of the most desirable neighborhoods in edgewater. walker's paradise. convenient to schedule showings.

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