$3,950,000
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Retail, Commercial Sale
Offering 4 commercial-retail ground-level spaces (CU-1-2-3-4). Totaling over 7,800 sq. ft. of income-producing retail businesses in the heart of South Beach's Hotel District. All spaces are currently leased with a yearly NET Income of $216,000. Currently the corner space is operated as a grocery store, and the other spaces are combined operating a restaurant/bar under Triple-Net leases (landlord's cost is minimal). All long-term tenants willing to continue at this location. This property is located in a highly visible corner-lot along Washington Ave, steps to Ocean Drive and Lincoln Road. These commercial spaces are on the ground-level for the Royal South Beach Condo-Hotel, which passed the 40-Yr recertification and the 50-Yr recertification Engineering Study was just completed. See MLS attachments. Please contact the listing agent to schedule a showing and DO NOT disturb the onsite operating businesses.
This retail home located at 764 Washington Ave, Miami Beach FL 33139 is currently for sale and has been available on Brickellsold for 1 day. This property is listed at $4M. It has N/A beds, N/A bathrooms, and is N/A square feet. 764 Washington Ave, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.
