Property Description
This portfolio presents a 19,650 SF three-parcel assemblage with approximately 26,274 SF leasable space by the south-eastern gateway into Wynwood’s Art & Entertainment District. With existing cash flow generated from leases at below market value, the property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of Wynwood’s SE Quadrant. Several significant new projects such as CIM Group’s Wynwood Square, with approximately 87,000 SF office & retail space as well as 257 apartments, and Quadrum Global’s fashionable Arlo Hotel, are located within only a block or two of the property. Current tenants in place-
Address Map
FL
Miami-Dade County
Miami
33127
2010
W81° 48' 14.1''
N25° 47' 46.6''
MLS Addon
All Cash
1
Sale
Retail, Office/warehouse Combination, Lounge
$26,655
6101
0
31/12/2022 03:37:47
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11317463
Price $18,500,000
Year Built 1938
Days on Market 387
Building Area 26,274 Sqft
Status Active
Property SubType Mixed Use
Lot Area 19,650 Sqft
List Date 2022-12-20
On Market Date 16/12/2022

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