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1818 NW 17th Ave 4,437 SF 100% Leased Retail Building Miami, FL 33125 $1,399,999 ($315.53/SF) 7.33% Cap Rate
Investment Highlights
- Main building (2,558 SF): former grocery store + storage/office levels; vacant at closing
- Over $300,000 in recent capital improvements
- Secondary building (677 SF): leased to tire shop at $38,052 annual gross rent
- Zoning: T6-8-O – strong mixed-use / redevelopment potential
Executive Summary
The main building (3,696 SF) currently operates as an owner-operated grocery store on the ground floor, with storage/office space on the second and third levels.? The secondary structure (741 SF) is leased to a tire shop, providing in-place income.?
The property can be delivered vacant at closing, making it an ideal fit for an owner-user or a repositioning play.? Alternatively, business equipment and licenses associated with the existing grocery operation may be negotiated as part of the purchase — including a scale license, tobacco sales, and beer & wine — offering a turn-key path for a buyer who wishes to continue or refresh the store.?
With several new multifamily projects underway nearby, the hard-corner location is well suited for an incoming grocery operator, QSR, restaurant, retail, bank, or other uses in a rapidly redeveloping neighborhood.?
Property Facts
Amenities
- Corner Lot
- Security System
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Rare leasing opportunity for a free-standing retail/commercial building on the corner of NW 17th Avenue, a main corridor just blocks from the Class A River Landing development, the Health District, and numerous projects under construction. The building offers 3,696 SF across three levels: ground-floor retail space (currently operated as a grocery store) plus usable storage/office space on the second and third floors. For an incoming grocery-type operator, existing business licenses, including a scale license, tobacco sales, and beer & wine, may also be available to negotiate, offering a turn-key path to continue grocery use at the site. Positioned on a hard corner along NW 17th Avenue, the space is surrounded by several new multifamily projects under construction, making it well-suited for a grocery operator, QSR, restaurant, retail user, bank branch, or other neighborhood-serving use in a rapidly redeveloping submarket.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,696 SF | Retail | - | Oct 2026 |
1st Floor
| Size |
| 3,696 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Oct 2026 |
1st Floor
| Size | 3,696 SF |
| Space Use | Retail |
| Position | - |
| Available | Oct 2026 |
Rare leasing opportunity for a free-standing retail/commercial building on the corner of NW 17th Avenue, a main corridor just blocks from the Class A River Landing development, the Health District, and numerous projects under construction. The building offers 3,696 SF across three levels: ground-floor retail space (currently operated as a grocery store) plus usable storage/office space on the second and third floors. For an incoming grocery-type operator, existing business licenses, including a scale license, tobacco sales, and beer & wine, may also be available to negotiate, offering a turn-key path to continue grocery use at the site. Positioned on a hard corner along NW 17th Avenue, the space is surrounded by several new multifamily projects under construction, making it well-suited for a grocery operator, QSR, restaurant, retail user, bank branch, or other neighborhood-serving use in a rapidly redeveloping submarket.
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-3134-013-0400 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $473,129 |
Property Taxes
