300 17Th Ave Miami, FL 33135

This exceptional Miami retail property, located at 300 SW 17th Ave, offers a compelling investment opportunity with a 6.20% cap rate. The 6,893 square foot building sits on a 9,029 square foot lot and is currently vacant, presenting a unique chance for owner-users or investors. Built in 1956, the property underwent a complete renovation in 2022, encompassing new electrical systems, plumbing, HVAC, and grease traps. The four units are ideal for QSR or restaurant operations, benefiting from high ceilings and modern amenities. The property's prime location in Miami, Florida (33135), provides excellent visibility and accessibility. With a Net Operating Income (NOI) of $217,070 and an asking price of $3,500,000, this property offers a strong return on investment. The property features 24-hour access and ample signage potential, maximizing its appeal to potential tenants. This fully occupied, high-performing asset is ready for immediate returns. The price per square foot is $507.76.