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Little Havana "NN" Retail 229 NW 22nd Ave 1,540 SF Retail Building Miami, FL 33125 $1,277,610 CAD ($829.62 CAD/SF) 6.63% Cap Rate
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
$1,277,610 CAD
Price Per SF
$829.62 CAD
Cap Rate
6.63%
NOI
$84,643 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.11 AC
Zoning
6100 - T6-8-0: Retail,Office, Mixed-Use, Multifiamily Ect.
Variety of allowed uses.
Density `150 Units Perm Acre
Parking
5 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
38’ on NW 22nd Ave
Amenities
- 24 Hour Access
- Air Conditioning
Exceptionally walkable
100/100
Fairly drivable
50/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-4103-009-0010 | Improvements Assessment | $105,490 CAD |
| Land Assessment | $554,586 CAD | Total Assessment | $660,075 CAD |
Property Taxes
Parcel Number
01-4103-009-0010
Land Assessment
$554,586 CAD
Improvements Assessment
$105,490 CAD
Total Assessment
$660,075 CAD
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Little Havana "NN" Retail | 229 NW 22nd Ave
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