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406 Washington Ave 7,000 SF Retail Building Homestead, FL 33030 $2,985,000 ($426.43/SF)
Investment Highlights
- Established business with long-standing clientele
- Located in the heart of downtown across from City Hall and Miami-Dade College Campus
Executive Summary
Owner-operated, family run automotive repair and tire business in service for over 25 years includes the real estate. In the heart of historic Homestead, across from City Hall and Miami-Dade College, this is a location with strict barriers to entry for automotive. This proven operating model, with a loyal regional customer base, is fully built-out with 8 bays/lifts and is income producing.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
C
Year Built/Renovated
1965/2019
Price
$2,985,000
Price Per SF
$426.43
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Lot Size
0.39 AC
Opportunity Zone
Yes
Zoning
B-1, Homestead - GENERAL BUSINESS
Parking
15 Spaces (2.14 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
About 406 WASHINGTON AVE , HOMESTEAD, FL 33030
Corner lot fronting Washington Ave. In the heart of the CRA and downtown Homestead. Recertification and Phase I & II completed
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (83)
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-7918-003-0430 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $669,802 |
Property Taxes
Parcel Number
10-7918-003-0430
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$669,802
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406 Washington Ave
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