This Corner strip center is off a high traffic street & is comprised of 5 units with great visibility. First time on the market in 25 years! Less than half a mile from super Walmart & close to the beaches & Aventura. Neighborhood regentrifying w/ 1k new units under construction. Possible upside potential includes adding a second story & an opportunity for rent increases. Across the street from Ampitheater & newly built North Miami recreational park that supplies high demand to the shopping center. Units are in good condition. The building passed 40-year inspection. New a/c in 3 units & the roof was reroof @ 90% in 2022. Tenants are a gourmet specialty food shop (Indian), Latin restaurant, day spa, barber shop, & nail salon. Owner is property manager & looking to retire. 16 parking spaces!
- Address 16460 NE 16th Ave
- City North Miami Beach
- County Miami-Dade County
- Zip 33162
- Price $2,150,000
- Status Closed
- Subdivision
- Pets Allowed No
- MLS® # A11165015
- Property Type Commercial Sale
- Property Sub TypeRetail
- Status Closed
- Square Feet
- Year Built 1969
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $13,353
- Tax Year