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22-32 NW 20th St 6,900 SF 28% Leased Retail Building Miami, FL 33127 $8,300,000 ($1,202.90/SF)

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Investment Highlights

Property includes a large enclosed parking area.
Corner property offering great street exposure.

Space is divided into 1,000 SF open bays.

Executive Summary

The property is currently operating as a woodworking shop and offers excellent flexibility for lease, investment sale, or owner-user acquisition. The front building totals 6,000 SF, configured as six (6) 1,000 SF open bays, ideal for multi-tenant use, expansion, or continued workshop/production activity. A tenant is currently occupying one of the 1,000 SF bays, providing immediate in-place income. An additional 900 SF rear building provides valuable supplemental space suitable for storage, fabrication, or ancillary operations. The property’s existing layout and utility infrastructure make it well-suited for a wide range of retail, service, or creative-trade users.

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Building Size

6,900 SF

Building Class

Year Built

1950

Price

$8,300,000

Price Per SF

$1,202.90

Percent Leased

28%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.45

Lot Size

0.35 AC

Opportunity Zone

Yes

Zoning

T6-8-O - allows a maximum of eight stories and a Floor Area Ratio (FAR) of 5

Parking

20 Spaces (2.9 Spaces per 1,000 SF Leased)

Frontage

120’ on Northwest 20th Street

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
1,000-5,000 SF
Retail
-
Now

The property is currently operating as a woodworking shop. The available space totals 5,000 SF, configured as 1,000 SF open bays, ideal for multi-tenant use, expansion, or continued workshop/production activity. The property’s existing layout and utility infrastructure make it well-suited for a wide range of retail, service, or creative-trade users.