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45 Valencia Ave 2,658 SF Retail Building Coral Gables, FL 33134 $3,850,000 ($1,448.46/SF) 5% Cap Rate
Investment Highlights
- High-end finishes throughout, including impact windows/doors, porcelain & marble flooring, and a full security system.
- Steps from a public parking garage with additional metered street parking.
- Two-car garage can be converted to additional interior space.
- Ideal for retail, office, or medical; turnkey professional layout
- Interior includes a lobby, 5 private offices, open workspace for up to 9 desks, conference room, IT room, break room, 2 half baths + 1 full bath.
- Excellent natural light and upgraded lighting throughout.
Executive Summary
Exceptional free-standing commercial building, fully renovated and boasting completed 40-year recertification, located in the heart of Coral Gables. The property benefits from immediate proximity to a public parking garage as well as convenient metered street parking.
The building has been completely renovated with high-end finishes throughout, including impact-resistant windows and doors, porcelain and marble flooring, and a comprehensive security system featuring cameras, alarm, and intercom. A two-car parking garage is included and can be easily converted into additional office or usable interior space.
Interior layout includes a welcoming lobby, five private offices, an open floor plan with three workstations accommodating up to nine desks, a conference room, IT room, break room, two half bathrooms, and one full bathroom. Ample overhead lighting and abundant windows provide excellent natural light throughout the space.
Furniture may be included and is negotiable. Ideal for professional or creative office use. Price is negotiable and seller is motivated to sell.
The building has been completely renovated with high-end finishes throughout, including impact-resistant windows and doors, porcelain and marble flooring, and a comprehensive security system featuring cameras, alarm, and intercom. A two-car parking garage is included and can be easily converted into additional office or usable interior space.
Interior layout includes a welcoming lobby, five private offices, an open floor plan with three workstations accommodating up to nine desks, a conference room, IT room, break room, two half bathrooms, and one full bathroom. Ample overhead lighting and abundant windows provide excellent natural light throughout the space.
Furniture may be included and is negotiable. Ideal for professional or creative office use. Price is negotiable and seller is motivated to sell.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,658 SF
Building Class
C
Year Built/Renovated
1954/2021
Price
$3,850,000
Price Per SF
$1,448.46
Cap Rate
5%
NOI
$192,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.87
Lot Size
0.07 AC
Zoning
CC - Commercial
Frontage
31’ on Valencia Ave
Amenities
- 24 Hour Access
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (97)
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-4117-005-1320 | Improvements Assessment | $444,150 |
| Land Assessment | $1,025,850 | Total Assessment | $1,470,000 |
Property Taxes
Parcel Number
03-4117-005-1320
Land Assessment
$1,025,850
Improvements Assessment
$444,150
Total Assessment
$1,470,000
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45 Valencia Ave
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