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1871 NW North River Dr 8,410 SF Industrial Building Miami, FL 33125 $8,495,000 ($1,010.11/SF)



Investment Highlights
- Miami River front location offering 436 ft. frontage on North River Drive.
- This riverfront site offers a unique opportunity to be part of the new Miami.
- Approved for Liqour Establishment.
Executive Summary
Miami River front location offering 436 ft. frontage on North River Drive. Property features a 26,57 Sq. Ft. lot, with a 8,410 Sq. Ft. commercial building. This property has been approved for a liquor establishment, its is an ideal location for a Restaurant, Bar or Lounge. Located directly across from River Cove Marina, which will be converting to a Luxury yacht marina. The property is 1.5 miles inland from the mouth of the Miami River. Recognize the amazing tide of change coming to Allappattah, with billions in new development planned. Major retailers, up and coming luxury residential and commercial developments will lead to a vibrant new River District. This riverfront site offers a unique opportunity to be part of the new Miami.
Property Facts
| Price | $8,495,000 | No. Stories | 1 |
| Price Per SF | $1,010.11 | Year Built/Renovated | 1961/1998 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.73/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 13’6” |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.62 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 8,410 SF | ||
| Zoning | C-2, Miami - Central Commercial zone | ||
| Price | $8,495,000 |
| Price Per SF | $1,010.11 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.62 AC |
| Rentable Building Area | 8,410 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1961/1998 |
| Tenancy | Single |
| Parking Ratio | 2.73/1,000 SF |
| Clear Ceiling Height | 13’6” |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | C-2, Miami - Central Commercial zone |
Amenities
- Fenced Lot
- Front Loading
- Security System
- Storage Space
- Air Conditioning
Utilities
- Lighting - Incandescent
- Water - County
- Sewer - County
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Infinite Audio Systems, Inc
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Infinite Audio Systems, Inc | Retailer | - | - | - |
Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-3134-017-0130 | Improvements Assessment | $250,534 |
| Land Assessment | $904,466 | Total Assessment | $1,155,000 |
Property Taxes
Parcel Number
01-3134-017-0130
Land Assessment
$904,466
Improvements Assessment
$250,534
Total Assessment
$1,155,000
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1871 NW North River Dr

