Description
The Signature “El Gato Corner”, is a building on a hard corner fronting the main commercial corridor of historic SW 8th St (Calle Ocho).
Positioned between Brickell & Little Havana, this represents a unique opportunity to acquire one of the most prominent corner sites in Little Havana.
The building is fully leased to 4 tenants including a Liquor Store, Barber Shop, Church, & Discount Store. An investor can bring rents up to market rents and/or reposition the tenancy & the site has significant redevelopment upside with the ability to add up to 24 residential units or 48 hotel keys with high-performing ground floor retail.
Current market rents are averaging $32/SF (NNN) in the immediate surrounding area & rents jump to upwards of $80-100 PSF the closer you are to Brickell Avenue.
Location
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$4,095,000
3,312 Sq ft
MLS# A11223993
Courtesy of: One World Properties
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Courtesy of: APEX Capital Realty LLC MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 8th August, 2022 10:40 PM (UTC)
