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Adam & Eve Salon Suites

$4,850,000

681 NW 108th St, Miami, FL 33168

Active
Last Updated: 06/25/2024

11,123 sqft

Building Size

0.2553 acres

Lot Area

Details:
Building Size:    11,123 sqft
Lot Area:    0.2553 acres
Occupancy:    100%
Class:    A
Units:    33
Year Built:    1972
Floors:    2
Description:

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.

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. Located in Central Miami, within the West Miami Shores subdivision.
Excellent Investment!!

Map:
Location
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