7624 22Nd Ave Miami, FL 33147
- Retail properties
- 815 SF
Current Use by Public Records
- Chico Shack Beauty Salon / Beauty Salon
Property Details for 7624 22Nd Ave
- Year built
- 1954
- Property size
- 815 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
Exceptional redevelopment opportunity in Miami, Florida, at 7624 NW 22nd Ave, 33147. This 816 sq ft Class C storefront, built in 1954, sits on a single story building and offers high occupancy (100%) with multiple tenants. Currently leased to a lash technician ($400/month) and a hairstylist ($600/month) on six-month leases. The property features two private rooms, ideal for beauty or wellness services. The asking price is $50,000, with a triple net (NNN) lease structure. Three parking spaces are available. Rent increases annually by 5%. The property is suitable for a variety of uses, including beauty studios, salons, barbershops, and wellness businesses. This is a multi-tenant property with a remaining lease term of two years. No credit rating is available for the current tenants. This is a great investment opportunity for a motivated buyer seeking a high-return property in a prime Miami location. The property is not subject to a ground lease.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2337
- Latitude
- 25.8443
