Current Use by Public Records
- Retail properties & Spaces
Property Details for 581-595 54Th St
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional Little Haiti storefront investment opportunity, located at 581-595 NW 54th Street in Miami, Florida 33127, presents a compelling proposition for discerning investors and owner-users. The property boasts a substantial 5,600 square feet of retail space situated on a 10,800 square foot lot, zoned T5-O. The asking price is $2,150,000, translating to $446.43 per square foot. Key features include 16-foot ceilings on the first floor and 12-foot ceilings on the second floor, providing ample space and flexibility. Three bay doors enhance accessibility and functionality. The property benefits from unparalleled signage visibility, fronting 54th Street, a thoroughfare with over 14,500 daily vehicle counts. On-site parking is available, adding to its convenience. Its strategic location offers immediate access to I-95 and I-195, placing it within minutes of thriving commercial districts such as Wynwood, the Design District, the Magic City Innovation District, and Little River. This presents a unique chance to capitalize on the growth and potential of this rapidly developing area of Miami. The property's prominent position and substantial size make it an ideal platform for a variety of retail ventures.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2054
- Latitude
- 25.8251
