Design District-Midtown Freestanding Building | 45-47 NE 36th St Miami, FL 33137

$7,450,000
$7,450,000

Overview

DWNTWN Realty Advisors proudly announces its exclusive mandate to facilitate the sale of 45-47 NE 36th Street, a captivating two-story retail haven nestled in the heart of Midtown, Miami. Boasting a generous 8,710 square feet of meticulously crafted space upon a 4,356 square feet lot, this property stands as a beacon of opportunity.

Strategically positioned on the illustrious north side of NE 36th Street, it commands attention, facing the bustling Shops at Midtown Miami, a revered hub of commerce and activity. With direct access to the 195 Causeway and I-95, and ensconced amidst the vibrant locales of the Design District, Midtown, and Wynwood, its location is unrivaled.

Currently, the property thrives with full occupancy, hosting a dynamic retail tenant on the ground floor and an owner-user office spanning both the ground and second floors. This unique blend ensures immediate revenue streams, setting the stage for a seamless transition for potential owner-users, with leases extending to 2025-2026.

Moreover, the surrounding landscape is ripe with promise, with numerous developments in progress, promising an auspicious future for savvy investors seeking prime locations with inherent upside potential.

Contact us and seize this extraordinary opportunity to invest in the epitome of Miami’s urban renaissance!

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Details

  • Building area (sqft)::
    8,710 sqft
  • Price ($):
    $7,450,000
  • Year built:
    1934
  • Cap Rate:
    6.18%
  • Single Asset