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229 NW 22nd Ave
Miami, FL 33125
Retail Property For Sale
Investment Highlights
- Liqour License
- Value Add
- Heavy Traffic
- LongTime Operating Tenant
- Corner Lot
- Redevelopment Potential Zoning
Executive Summary
Prime corner restaurant property in the heart of Little Havana, fronting NW 22nd Avenue. The long-standing tenant—operating here for over eight years with two other Miami locations—offers stability and the option to extend or convert the lease to NNN, or reposition for higher rents. Ideal for investors or owner-users seeking strong visibility, daily traffic, and proximity to Downtown, Brickell, and the Health District. Includes an on-site living unit for added rental income or owner occupancy.
Liqour License*
Liqour License*
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,540 SF
Building Class
C
Year Built
1930
Price
$1,265,677 CAD
Price Per SF
$821.87 CAD
Cap Rate
6.63%
NOI
$83,852 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.10 AC
Zoning
6100 - T6-8-0: Retail,Office, Mixed-Use, Multifiamily Ect.
Variety of allowed uses.
Density `150 Units Perm Acre
Frontage
Amenities
- 24 Hour Access
- Air Conditioning
Property Taxes
| Parcel Number | 01-4103-009-0010 | Improvements Assessment | $105,322 CAD |
| Land Assessment | $553,702 CAD | Total Assessment | $659,024 CAD |
Property Taxes
Parcel Number
01-4103-009-0010
Land Assessment
$553,702 CAD
Improvements Assessment
$105,322 CAD
Total Assessment
$659,024 CAD
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