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Downtown Connecting Retail Building 1058-1062 SW 1st St 2,350 SF 66% Leased Retail Building Miami, FL 33130 $1,050,000 ($446.81/SF) 6.13% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy Foot Traffic
- Strong Value Add Opportunity
- Owner User Capabilities
- High Visibility & Frontage
- Downtown Access Corridor
- 3 Rentable Units
EXECUTIVE SUMMARY
Located at 1058 SW 1st Street, the property is perfectly positioned in a high-growth neighborhood surrounded by Miami's economic powerhouses—Downtown, Brickell, and the Health District. This prime location guarantees strong visibility, steady vehicle and foot traffic, and easy access to major transit routes, ensuring a consistent customer base.
The building features three storefront retail units, providing a stable, diversified income stream. Two units are currently leased to established local businesses: an ice cream shop and a mini market. With one unit vacant, there is immediate potential to increase cash flow.
This is an ideal setup for an investor seeking reliable returns with clear upside, or for a business owner looking to occupy the vacant space while the existing tenants help cover costs.
Current NOI:$2,634
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
This 1,300 sq ft retail space, centrally located in vibrant Little Havana just off SW 1st Street, offers exceptional visibility with an average daily car count of 16,500 and high foot traffic. Its prime location provides quick access to downtown Miami, Brickell, and other major areas. Currently configured as a medical office with ample patient rooms, it's ideal for medical or professional uses but versatile enough for most retail concepts. Convenient street parking is readily available.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,300 SF | Retail | - | Now |
1st Floor
| Size |
| 1,300 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,300 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
This 1,300 sq ft retail space, centrally located in vibrant Little Havana just off SW 1st Street, offers exceptional visibility with an average daily car count of 16,500 and high foot traffic. Its prime location provides quick access to downtown Miami, Brickell, and other major areas. Currently configured as a medical office with ample patient rooms, it's ideal for medical or professional uses but versatile enough for most retail concepts. Convenient street parking is readily available.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-4102-005-3110 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $644,600 |
PROPERTY TAXES
Presented by
Downtown Connecting Retail Building | 1058-1062 SW 1st St
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