$4,150,000
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Retail, Commercial Sale
This is a high-potential, value-add mixed-use corner building strategically located at 1450 NW 17th Ave, directly by the burgeoning River Landing District. The 16,510 sq. ft. property benefits from massive exposure on a highly trafficked artery, estimated to carry over 21,000 cars per day, making it ideal for retail and office tenants. With a strong 90% occupancy providing immediate cash flow and the recent successful completion of its 50-Year Recertification, the property offers stability, yet is poised for exceptional growth. The current average rent of $17.50/SF is dramatically below the submarket average of $34.80/SF, presenting a clear opportunity to achieve a massive 250% upside potential in NOI growth through strategic lease-up and market rent adjustments.
This retail home located at 1450 NW 17th Ave, Miami FL 33125 is currently for sale and has been available on Brickellsold for 56 days. This property is listed at $4M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1946. 1450 NW 17th Ave, Miami FL 33125 is in Miami county Miami-Dade County.
