"Adam & Eve Salon Suites"

Description:

RE/MAX 360 proudly presents a prime business opportunity with Real Estate

included in the Miami Shores area: "MIAMI SHORES SALON SUITES".

This offering presents a highly lucrative cash flow opportunity along with the option to purchase the real estate.

The property is a two-story office building located adjacent to I-95, which sees approximately 240,000 cars daily. It is currently divided into thirty-three individual salons, each ranging from 90 to just under 200 square feet. The second floor is fully stabilized, while the first floor is in the lease-up stage. Once fully stabilized, this property is projected to generate $500,000 in gross income annually.

Additionally, the site is prime for redevelopment, with the potential to expand up to four stories.


SITE DETAIL



Land Size: 0.77 Acre


Zoning: UC-MC


Parcel ID: 30-2136-018-2560




PROPERTY HIGHLIGHTS



11,133 (2) story office building


Newly remodeled in 2024


$500,000.00 in rent when fully stabilized


Redevelopment Potential



LOCATION HIGHLIGHTS



Abutting I-95


West Miami Shores subdivision