$840,000
$875,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
2,587 SqFt
SOLD DATE : 08/09/2024
Key Details
Sold Price $840,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,587 sqft
Price per Sqft $324
MLS Listing ID A11591981
Sold Date 08/09/24
HOA Y/N No
Year Built 1924
Lot Size 4,750 Sqft
Property Description
Pleased to offer the opportunity to acquire a free standing retail building located in the Shenandoah neighborhood of Miami. 1806 SW 22 Ave is located a few blocks from Coral Way (22nd Street) and less than a mile from South Dixie Highway. This building contains retail space for up to two tenants, and sits on a 4,750 SF of land and contains 2,587 SF of leasable space.
The property is occupied by two separate tenants which generate a total of $66,059.14 in yearly Net Operating Income. Option period per the leases, will go to fair market value once initial term expires.
Location
State FL
County Miami-dade County
Area 41
Others
Tax ID 01-41-10-025-0030
Financing Other,See Remarks
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Bought with APEX Capital Realty LLC
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9831 NW 58th St UNIT 141, Doral, Florida, 33178, United States