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Olive Tree 195 NW 40th St 4,144 SF Vacant Retail Building Miami, FL 33127 For Sale
Investment Highlights
- 4,144 SF freestanding creative office + gallery on a 10,000 SF corner lot
- Unique indoor-outdoor meeting area with live olive tree & LED skylight effect
- Two blocks west of the Design District – walkable to luxury retail & dining
- Flexible layout: 3 private offices, hidden lounge, art gallery, large terrace
Executive Summary
The Olive Tree corner property is situated just two blocks west of the Design District. Originally a church, the property has been fully transformed into a dynamic creative office and art gallery space. Over the years, it has hosted a range of high-profile events, including those for Inter Miami, Univision, Art Basel, and various other private events. The property also has a pair of large courtyards for outdoor seating for tenants looking to do a restaurant conversion or host food truck parking.
The property features three private offices, a hidden lounge/meeting room, and an additional private office with a bathroom and separate entrance, which can be integrated into the main space. It also offers an inviting outdoor seating area, a spacious art gallery, and an indoor meeting area that effortlessly merges indoor and outdoor elements, highlighted by a living olive tree and LED lighting that mimics the ambience of a skylight.
The property features three private offices, a hidden lounge/meeting room, and an additional private office with a bathroom and separate entrance, which can be integrated into the main space. It also offers an inviting outdoor seating area, a spacious art gallery, and an indoor meeting area that effortlessly merges indoor and outdoor elements, highlighted by a living olive tree and LED lighting that mimics the ambience of a skylight.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,144 SF
Building Class
C
Year Built
1952
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.20 AC
Zoning
T4-O - Commercial
Parking
6 Spaces (1.45 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Modern showroom buildout, includes kitchen and full bathroom.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,144 SF | Retail | - | Now |
1st Floor
| Size |
| 4,144 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 4,144 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Modern showroom buildout, includes kitchen and full bathroom.
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-3124-021-0120 | Improvements Assessment | $101,014 |
| Land Assessment | $1,350,000 | Total Assessment | $1,451,014 |
Property Taxes
Parcel Number
01-3124-021-0120
Land Assessment
$1,350,000
Improvements Assessment
$101,014
Total Assessment
$1,451,014
Contacts
-
Mika Mattingly -
Cecilia Estevez -
Bradley Arendt -
Jonathan Carter -
Pablo Camposano -
Colliers
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Olive Tree | 195 NW 40th St
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