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Corner Retail/Industrial + Billboard 2205 NW 20th St 8,546 SF Retail Building Miami, FL 33142 $5,295,000 ($619.59/SF)

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INVESTMENT HIGHLIGHTS

Features 8,546 square feet of interior on 16,177 square feet of land.
Zoning is T6-8-O, which allows from 8 to 12 stories and 150 residential units an acre or 300 hotel keys per acre.

Located along NW 20th Street, the main artery of the Allapattah district with 29,500 daily vehicles passing.

EXECUTIVE SUMMARY

Metro 1 Commercial presents exclusively for sale the property located at 2205 NW 20 Street Miami, FL, 33142. The Property features 8,546 square feet of interior on 16,177 square feet of land. The Property is located in the vibrant and rapidly evolving Allapattah neighborhood, along NW 20th Street, the main artery of the neighborhood, where zoning, automobile traffic, and visibility are favorable. The property is located at the signalized intersection of NW 20th St and 22nd Ave. The zoning is T6-8 O, which allows up to 8 to 12 stories and 150 residential units an acre or 300 hotel keys per acre. There has been a tremendous amount of development in the area. Neology Life Development Group completed The Julia a 323 apartment community just a few blocks near 20th Street and 16th Avenue. Neology developed the No. 17 Residences a lifestyle-driven project with 192 units. Additionally, the neighborhood is seeing significant residential growth with the development of Fourteen Allapattah Residences (237 units), The Miami Produce Center by Bjarke Ingles and Robert Wennett. The property offers significant visibility opportunity with average daily traffic counts of 29,500 along NW 20th Street, and 7,900 along NW 22nd Street. The property enjoys premium visibility being in a signalized corner, as well as direct access to its parking lot from NW 20th Street, and a billboard facing the intersection.

2205 NW 20 St Sale Brochure