Renovated Freestanding Retail
2216-2220 SW 22nd St Miami, FL 33145
New
2216-2220 SW 22nd St, Miami, FL, 33145
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For Sale
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Recently renovated freestanding retail building with an open floor plan and on-site parking for multiple business uses.
Property Size4,550 SF
Price / SF$637.36
Days on Market2
Property Features for 2216-2220 SW 22nd St
General Information
- Standard status
- Active
- Size
- 4,550 SF
- Property subtype
- RETAIL
Listing Agency
Fausto Commercial Realty
(305) 794-1945
Listed by
Ashleen Cruz
Source
Moodyscre
Added: Jul 17 Checked: Jul 18 at 2:21 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fausto Commercial Realty
Investment Insights
Based on property information with market context.
Fausto Commercial presents the “Bike Tech” Building, a free-standing retail property totaling 4,550 square feet with an open floor plan designed to support a range of business and service uses. The building has been recently renovated with brand-new floors, bathrooms, and lighting.
The property is located at 2216-2220 SW 22nd St, Miami, FL 33145, and offers on-site parking with more than eight spaces. The main street exposure is paired with convenient access to SR-826, SR-836, and I-95, with Coral Way serving as a connector to nearby Miami destinations.
The interior layout is configured as an open plan, providing flexibility for tenant fit within the renovated environment.
The property is located at 2216-2220 SW 22nd St, Miami, FL 33145, and offers on-site parking with more than eight spaces. The main street exposure is paired with convenient access to SR-826, SR-836, and I-95, with Coral Way serving as a connector to nearby Miami destinations.
The interior layout is configured as an open plan, providing flexibility for tenant fit within the renovated environment.
Key Highlights
- Over 4,550 SF freestanding retail building in central Miami with an open floor plan for multiple business uses
- Recently renovated with brand new floors, bathrooms, and lights
- On‑site parking for 8+ vehicles
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $236.4k | $51.96 |
| − Vacancy | −$24.4k | −$5.35 |
| EGI | $212.1k | $46.61 |
| − OpEx | −$63.6k | −$13.98 |
| NOI | $148.4k | $32.63 |
4,550 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.12M
$1.86M – $2.47M
NOI $148,447 @ 7.0% cap · market cap 5.12%
Second Best
Office B
$1.86M
$1.63M – $2.18M
NOI $130,528 @ 7.0% cap · market cap 4.50%
Theoretical Best
Specialty Retail
$3.07M
$2.69M – $3.58M
NOI $214,990 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Recently renovated freestanding retail building with an open floor plan and on-site parking for multiple business uses.
Where is this retail space located?
The property is located at 2216-2220 SW 22nd St Miami, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Over 4,550 SF freestanding retail building in central Miami with an open floor plan for multiple business uses; Recently renovated with brand new floors, bathrooms, and lights; On‑site parking for 8+ vehicles
