139 NE 1st St, Miami FL 33132
43,265 SF BUILDING FOR SALE. Historic 1927 "Dade-Commonwealth Building”, an existing office building and fully site plan approved hotel development site at the heart of Downtown Miami. 7- STORIES. Each Floor 6,000SF, Office Space. ALL COMMON AREAS RE-BUILT (Lobby/Elevator Landings/Stairs/Upstairs Bathrooms). Retail Level + 6 Office Levels. ZONED MIXED-USE. (sizes approx.) INVESTMENT FEATURES The Property has rare in-place approvals from the Historic Preservation Board and the City of Miami for the demolition. Fully approved plans, with permits pending request have been filed, and are pending, for the construction of a 17-story, 163-key hotel. Entitled to the Ad Valorem Tax Exemption for Historic Properties. Federal Historic Rehabilitation Tax Credit Zoned as T6-80-O
