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Mixed Use Investment 1186 NW 103rd St 6,609 SF Retail Building Miami, FL 33150 $2,000,000 ($302.62/SF)
Investment Highlights
- Recently renovated with modern finishes, fresh asphalt, upgraded lighting, and a newly painted exterior for turnkey appeal.
- Excellent visibility and accessibility make it ideal for both owner-users and investors looking for strategic placement.
- 30,000+ Vehicles Per Day on the corner of NW 12 Ave and Nw 103 St
- Situated in a rapidly developing neighborhood surrounded by major franchises and growing commercial activity.
- Upcoming lease expirations provide opportunity to increase rents or repurpose space for higher returns.
- Barbershop, salon, dry cleaner, cafe
Executive Summary
Currently, the property is leased to a restaurant, a marketplace, and two residential units above, which are Section 8 approved, ensuring stable rental income. The property has been newly upgraded, featuring modern finishes, fresh asphalt, a newly painted exterior, upgraded lighting, and more. With some leases nearing expiration, this is a perfect opportunity for an owner-user to establish their business in a high-traffic location or for an investor to increase rents and maximize returns.
The BU-1 zoning allows for a variety of commercial and residential uses, making this a highly flexible investment with room for growth. Whether you’re looking to capitalize on rising rents, purpose the space, or establish your own business, this property offers endless potential to become a high-yielding cash cow in Miami’s growing market.
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$180,292
|
$27.28
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $180,292 |
| Annual Per SF | $27.28 |
Property Facts
Amenities
- 24 Hour Access
- Corner Lot
- Restaurant
- Signalized Intersection
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Prime commercial space now available for lease, perfectly positioned at the high-traffic intersection of NW 103rd Street and NW 12th Avenue in Miami. This versatile 1,924 square foot property offers excellent visibility and accessibility, making it an ideal spot for a restaurant, cafe, takeout operation, retail store, office, or service business that benefits from strong daily drive-by traffic. The space features ample on-site parking for customers and staff, prominent signage opportunities to capture attention from the busy thoroughfare, a generously sized kitchen equipped with a powerful fume hood ready for food prep or cooking, a brand-new air conditioning system for optimal comfort and efficiency, two modern restrooms, and newly installed rear doors for secure, convenient loading, unloading, and back access. With its turnkey-ready setup and prime corner location in one of Miami's most active neighborhoods, this opportunity won't last long—contact us today to schedule a viewing and discuss flexible lease terms!
| Space | Size | Space Use | Position | Available |
| 1 | 1,924 SF | Retail | - | Now |
1
| Size |
| 1,924 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1
| Size | 1,924 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Prime commercial space now available for lease, perfectly positioned at the high-traffic intersection of NW 103rd Street and NW 12th Avenue in Miami. This versatile 1,924 square foot property offers excellent visibility and accessibility, making it an ideal spot for a restaurant, cafe, takeout operation, retail store, office, or service business that benefits from strong daily drive-by traffic. The space features ample on-site parking for customers and staff, prominent signage opportunities to capture attention from the busy thoroughfare, a generously sized kitchen equipped with a powerful fume hood ready for food prep or cooking, a brand-new air conditioning system for optimal comfort and efficiency, two modern restrooms, and newly installed rear doors for secure, convenient loading, unloading, and back access. With its turnkey-ready setup and prime corner location in one of Miami's most active neighborhoods, this opportunity won't last long—contact us today to schedule a viewing and discuss flexible lease terms!
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-3102-007-0070 | Improvements Assessment | $390,609 |
| Land Assessment | $481,740 | Total Assessment | $872,349 |
Property Taxes
Presented by
Mixed Use Investment | 1186 NW 103rd St
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