Property summary
This exceptional commercial property, located at 11580 NE 2nd Ave, Miami, FL, presents a unique investment opportunity. The 0.38-acre lot boasts a total of 16,635 square feet of land and includes a 1,567 square foot building. Currently operating as a successful automobile service station since 1995, this established business offers immediate income potential and the benefit of an existing customer base. The property's prime corner location ensures high visibility and accessibility, further enhancing its commercial viability. Its strategic location offers convenient access to major transportation arteries, including proximity to I-95 (1.4 miles) and Biscayne Boulevard (2.5 miles). The surrounding area is characterized by thriving residential communities, including Miami Shores - Biscayne Park and North Miami, as well as prestigious private schools and the Miami Shores Country Club, creating a strong and affluent customer demographic. The property's proximity to Barry University also presents a significant opportunity to cater to the student and faculty population. This turnkey operation is ready for a new owner to continue its legacy of success. The asking price for this exceptional property is $1,995,000. This is a rare opportunity to acquire a well-established business with significant growth potential in a highly desirable Miami location.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6400:COMMERCIAL,CENTRAL in Miami, FL.
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