1501 SW 8th St | Miami, FL 33135
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- LoopNet Team
1501 SW 8th St
Miami, FL 33135
Historic Ball & Chain Building-Little Havana · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire this Little Havana Historic Landmark which is located in the heart of the Famous Entertainment District of "Calle Ocho"
- Co-tenants include Azucar Ice Cream, Little Havana Cigar, and Salsa Art Dance Studio
- Centrally located in the City of Miami between Coral Gables, Brickell, and the Health District - 50,000 Vehicles Per day
- New long-term lease to be signed with the “World Famous” Ball & Chain Jazz Bar and Restaurant upon the closing
- Immediate upside in 2nd floor space of 2,500 SF, and long-term upside in rents in the ground floor spaces
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,180 SF
Building Class
C
Year Built/Renovated
1926/2007
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.29 AC
Zoning
T6-8 O - allows a maximum of eight stories and a floor area ratio (FAR) of 5
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 01-4102-006-6210 | Improvements Assessment | $744,910 |
| Land Assessment | $1,562,500 | Total Assessment | $2,307,410 |
PROPERTY TAXES
Parcel Number
01-4102-006-6210
Land Assessment
$1,562,500
Improvements Assessment
$744,910
Total Assessment
$2,307,410
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