Property summary
This exceptional 6,431-square-foot retail space, located at 702 NW 5th Ave in Miami, Florida, presents a unique opportunity for a discerning tenant. Situated on a 7,500-square-foot lot in Miami-Dade County, this single-tenant property boasts a prime location at the nexus of Brickell, Downtown, River, and Health districts – experiencing significant growth. Built in 1947, this one-story building is fully built-out and ready for immediate occupancy. Its versatile design is perfectly suited for a variety of uses, including a gallery, showroom, entertainment venue, or flexible office space. The property's turnkey condition eliminates the need for extensive renovations, allowing for a swift and efficient transition. The strategic location offers unparalleled access to a vibrant and expanding urban core, providing exceptional visibility and accessibility for any business. This is an ideal opportunity for businesses seeking a high-profile location in a thriving Miami neighborhood, offering immediate access to a dense population and significant foot traffic. The property's size and layout provide ample space for a variety of configurations, catering to the specific needs of a diverse range of potential tenants. This is a rare chance to secure a well-established space in a rapidly developing area of Miami. The zip code is 33136.
Property profile
VerifiedCap rate & NOI
Current use
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Theater & Performing Art Venue
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
6101 · Miami, FLZoning
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Zoning designation
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