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Retail/Office Strip Center in Little Havana 237 NW 12th Ave 8 000 pi² 100% Loué Commerce de détail Immeuble Miami, FL 33128 3 359 318 $ CAD (419,91 $ CAD/pi²)
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Faits saillants de l'investissement
- All tenants are on month to month leases and paying below-market rents (~$14/SF), providing a clear path to increase income by adjusting rents.
- Elevator-equipped and fully ADA compliant, the building completed its 40-Year Re-Certification in 2025, minimizing capital expenditure risk.
- Elevator-equipped and ADA compliant
- Ownership is offering favorable seller financing options, reducing the barrier to entry and enhancing potential returns.
- The ±8,000 SF building is divided into 10 small bays (±800 SF each), ideal for local businesses and easy to lease or re-tenant.
- Located between West Flagler Street and NW 7th Street—two corridors undergoing significant redevelopment with new multifamily and mixed-use projects.
Résumé de l'annonce
Do Not Disturb The Tenants
Marcus & Millichap is pleased to present 237 NW 12th Avenue, a two-story retail strip center located in the heart of Miami’s Little Havana submarket. This ±8,000 square foot property is comprised of 10 small bay units, each approximately 800 square feet in size, offering flexible configurations ideal for local service and retail tenants.
Currently, all tenants are on month-to-month leases and paying significantly below-market rents, averaging just $14 per square foot. This presents a compelling value-add opportunity for an investor to reposition the tenancy and increase rental income to market levels.
The property recently received its 40-Year Re-Certification in 2025, eliminating any near-term capital concerns related to structural or electrical compliance. Additionally, the seller is offering attractive financing terms, providing further flexibility for prospective buyers.
Strategically positioned on NW 12th Avenue between West Flagler Street and NW 7th Street, the property is surrounded by numerous mixed-use and multifamily developments, underscoring the area's continued growth and revitalization. This corridor serves as a vital connector between Little Havana, the Health District, and Downtown Miami, benefiting from strong visibility and daily traffic.
Marcus & Millichap is pleased to present 237 NW 12th Avenue, a two-story retail strip center located in the heart of Miami’s Little Havana submarket. This ±8,000 square foot property is comprised of 10 small bay units, each approximately 800 square feet in size, offering flexible configurations ideal for local service and retail tenants.
Currently, all tenants are on month-to-month leases and paying significantly below-market rents, averaging just $14 per square foot. This presents a compelling value-add opportunity for an investor to reposition the tenancy and increase rental income to market levels.
The property recently received its 40-Year Re-Certification in 2025, eliminating any near-term capital concerns related to structural or electrical compliance. Additionally, the seller is offering attractive financing terms, providing further flexibility for prospective buyers.
Strategically positioned on NW 12th Avenue between West Flagler Street and NW 7th Street, the property is surrounded by numerous mixed-use and multifamily developments, underscoring the area's continued growth and revitalization. This corridor serves as a vital connector between Little Havana, the Health District, and Downtown Miami, benefiting from strong visibility and daily traffic.
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Faits sur la propriété
Type de vente
Investissement
Type de propriété
Taille du bâtiment
8 000 pi²
Classe d’immeuble
C
Année de construction
1987
Prix
3 359 318 $ CAD
Prix par pi²
419,91 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,86
Taille du lot
0,21 AC
Zonage
T6-8-O - high-density urban area
Stationnement
14 places (1,75 places par 1 000 pi² loué)
Façade
Walk Score®
Très pratique à pied (89)
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 01-4102-005-1810 | Évaluation des bâtiments | 909 391 $ CAD |
| Évaluation du terrain | 1 262 289 $ CAD | Évaluation totale | 2 171 680 $ CAD |
Impôts fonciers
Numéro de lot
01-4102-005-1810
Évaluation du terrain
1 262 289 $ CAD
Évaluation des bâtiments
909 391 $ CAD
Évaluation totale
2 171 680 $ CAD
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Retail/Office Strip Center in Little Havana | 237 NW 12th Ave
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