Karu & Y 71 NW 14th St 40,000 SF Retail Building Miami, FL 33136 For Sale

INVESTMENT HIGHLIGHTS

  • Great Location
  • 2 Kitchens
  • Fully Equiped Restaurant
  • Licensed

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
40,000 SF
Building Class
C
Year Built/Renovated
1922/2000
Tenancy
Single
Building Height
1 Story
Building FAR
1.04
Lot Size
0.88 AC
Zoning
C-2 - Liberal commercial
Parking
7 Spaces (0.35 Spaces per 1,000 SF Leased)
Frontage
172’ on NW 14th St

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Restaurant
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

ABOUT 71 NW 14TH ST , MIAMI, FL 33136

This iconic property, formerly home to the renowned Karu & Y, offers a unique opportunity to own a versatile and historic venue in the heart of Miami. Originally designed as a high-end restaurant and nightclub, the building features a luxurious and sophisticated design that captures the essence of Miami’s vibrant nightlife and culinary scene. The property boasts expansive interiors, including a grand dining area, private VIP lounges, and a spacious dance floor, complemented by high ceilings and premium finishes. The layout includes fully equipped kitchens, elegant bar areas, and outdoor spaces that were once the hallmark of exclusive events and gatherings. Its versatile design allows for easy adaptation to various uses, including restaurants, nightclubs, event venues, or creative spaces. Located in a prime urban location, the property benefits from excellent visibility and accessibility, attracting a diverse and affluent clientele. With its rich history as a cultural and entertainment hotspot, this venue is ready for a new owner to restore its former glory or transform it into an entirely new concept. This is a rare chance to acquire a well-known Miami landmark with endless possibilities for redevelopment or reinvention.

Walk Score®
Very Walkable (88)
Transit Score®
Rider's Paradise (94)
Bike Score®
Very Bikeable (75)

NEARBY MAJOR RETAILERS

Tapout Fitness
Regions Bank
CrossFit
Publix
Applebee's
Earls
Anthony's Coal Fired Pizza
Citi
Wells Fargo
Chase Bank

PROPERTY TAXES

  • Listing ID: 34465302

  • Date on Market: 1/13/2025

  • Last Updated:

  • Address: 71 NW 14th St, Miami, FL 33136