Buena Vista Portfolio With 5am Liquor Entitlements
$1,900,000
5300 NW 2nd Ave, Miami, FL 33127
7,860 sqft
Building Size
0.4649 acres
Lot Area
Details:
Description:
Unique opportunity to acquire a four-parcel assemblage in Miami’s emerging Buena Vista neighborhood. The portfolio is inclusive of 2 buildings, features 124' of frontage on NW 2nd Ave and totals 20,252 SF on land. The corner building is a 4,586.02 SF two-story mixed-use with full entitlements for use as an F&B establishment with a transferable exception for extended hours of operation; extending closing from 3am to 5am. With approved plans, active permits and continuing restoration underway, the project would be handed over to the next owner to complete.
The second building is a 3,274.9 SF duplex consisting of two 4 bed/2 bath apartments. The structure is fully code compliant and was built in 2007. The duplex is fully occupied on one year leases, at below market rates, with a current NOI = $51,200.
lex is fully occupied on one year leases, at below market rates, with a current NOI = $51,200.
*4COP liquor license available for purchase.
Zoned T4-L & T4-R.
Suitable for investor and end user alike.
Located within the greater contiguous corridor of development spanning Wynwood, Design District, Little Haiti & Little River.
Located in Miami's Buena Vista neighborhood. One block south of Little Haiti and proximate to the Design District & Wynwood. Easy access to major thoroughfares.
Documents:
| Title | ||
|---|---|---|
| 5300 - 5318 NW 2 AVENUE UPDATE SURVEY 2019.pdf | ||
| 225 NW 53 St Survey 2022.pdf | ||
| 5300 floor plan (1).pdf | ||
| Offering Memorandum |
Location
Gallery
