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4940 NW 7th Ave
Miami, FL 33127
Retail Property For Sale
Investment Highlights
- Remodeled in 2018, this retail building offers a total of 4,750 square feet on a gated lot in Miami, Florida.
- Population of 240,000 reside within a 3-square mile radius of the property: median household income of $39,800 for this population.
- With 45-feet of frontage, the property receives great visibility: passed by over 18,000 drivers daily.
Executive Summary
Conveniently situated on NW 7th Avenue, with easy access to I-95 and just moments away from Mimo, Design District, Wynwood, Midtown, and downtown Miami. This meticulously maintained fitness studio presents a golden opportunity for entrepreneurs looking to break into or expand within the thriving fitness industry. Its strategic positioning and top-notch amenities set the stage for ongoing success.
Renovated in 2018, the building boasts updated restrooms, flooring, lighting, AC, and storefront windows, ensuring a modern and inviting atmosphere for clients. The main building spans 1200 square feet, while the portable workout area offers a generous 1650 square feet. Additionally, the property features a private gated parking area covering 1350 square feet, providing convenience and security for clients.
Renovated in 2018, the building boasts updated restrooms, flooring, lighting, AC, and storefront windows, ensuring a modern and inviting atmosphere for clients. The main building spans 1200 square feet, while the portable workout area offers a generous 1650 square feet. Additionally, the property features a private gated parking area covering 1350 square feet, providing convenience and security for clients.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,750 SF
Building Class
C
Year Built
1969
Price
$1,600,455 CAD
Price Per SF
$336.94 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
T5-O - T5-O
Parking
4 Spaces (0.84 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 01-3124-001-0420 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $597,055 CAD |
Property Taxes
Parcel Number
01-3124-001-0420
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$597,055 CAD
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