- MLS® #: A11822200
- 111 Sw 19th Ave
- Miami, FL 33135-1912
- $845,000
- Business
Commercial opportunity located directly on NW 27th Avenue in Miami within the Wilson Estate subdivision. The property features a 1-story building with approximately 1,988 SF situated on a 3,600 SF lot. Current primary land use: Store/Retail Outlet/Warehouse. Zoning: 6051 UCH Mixed Use Corridor (MC4 Max Height). The building includes two interior restrooms positioned on opposite sides of the structure, allowing flexibility for potential division. Layout may accommodate two separate retail spaces, offering income diversification potential. Currently tenant-occupied with long-term tenant paying $4,600/month. Rent has not been increased in several years, presenting upside potential. Located on a high-traffic main corridor with strong visibility. NW 27th Avenue features multiple lanes in both directions and is serviced by the Metrorail line, enhancing exposure and accessibility. Multiple on-site parking spaces. Additional parking expansion may be possible by converting side grass area to concrete (buyer to verify). Zoning permits a variety of uses including retail, auto parts, restaurant/food service, professional office, and similar commercial applications (buyer to verify with city). City may allow installation of storefront windows along street-facing façade (buyer to verify). Potential for vertical expansion (second floor), subject to city approval. Property equipped with surveillance camera system. Seller motivated.
Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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