Miami, FL

8241 NE 2nd Ave, Miami FL 33138

$3,500,000

Key Details

Status
Active
Property Type
Retail
Year Built
1949

Overview

UpTown/Little River 11,000sf Retail and Office Building on 20,000sf Lot. Property has approx 7,700sf of ground floor retail, and 3,300sf of office. Site is in need of renovation and overhaul, but spaces are all usable. Pro-forma rents for retail topping $45psf. Uptown/Little River is the northern edge of urban core City of Miami, and the next epicenter for massive re-development. The area is already quickly gentrifying and hip-ifying with several new high-end retailers, eateries, co-working spaces, and Miami’s premier foodhall and Citadel. A wave of new developments are being proposed, by some of Miami’s best developers. The area is also surrounded by some of Miami’s most affluent single family home neighborhood such as Miami Shores.

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