Property summary
This exceptional 2,620-square-foot former Wendy's quick-service restaurant building, situated on a 0.56-acre lot in Miami's Little Havana submarket, presents a unique investment opportunity. Vacant since Q2 2024, the single-tenant building boasts a prime location on NW 7th Street, a major commercial thoroughfare, offering excellent visibility and accessibility. The property benefits from 28 parking spaces and enjoys exceptional frontage along NW 7th Street, with multiple access points. Its strategic location across from Loan Depot Park, home of the Miami Marlins, ensures high traffic volume and exposure. Furthermore, its proximity to major roadways, sports venues, recreational areas, schools, and three major hospitals (within 1.5 miles) provides a strong customer base and significant potential for future development. The surrounding area is densely populated with residential neighborhoods, creating a built-in customer base for any new tenant. The property's zoning is T6 8 O, and the Miami-Dade County APN is 01-3135-080-0010. Built in 2001, this one-story building offers significant potential for a variety of quick-service restaurant or retail uses. The property's size and location make it an ideal investment for those seeking a high-traffic, high-visibility location in a thriving Miami neighborhood.
Property profile
VerifiedCap rate & NOI
Current use
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Music Venue
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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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FLZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 6100:COMMERCIAL,NEIGHBRHD in Miami, FL.
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Find the owner behind the property.
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