1274 Nw 29th St, Miami, FL

$1,175,000

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About 1274 Nw 29th St

1274 NW 29th Street presents a prime opportunity in Miami’s rapidly growing commercial sector. Positioned directly on NW 29th Street, this property is less than 0.5 miles or just a 2-minute drive from Wynwood, one of the most sought-after retail and creative office hubs in Miami. This 3,315 SF retail property with 3 tenants is ideal for an owner-user, investor, or creative office conversion, benefiting from high visibility, strong pedestrian and vehicular traffic, and a tight retail leasing market with limited vacancy. With a projected 6.5% - 7% cap rate, market rents of $24 NNN, and significant appreciation potential, this is an excellent opportunity to secure a high-performing asset in one of Miami’s most dynamic submarkets. The property is 100% leased.

Features of 1274 Nw 29th St

MLS® # A11823562
Price $1,175,000
Bathrooms 0.00
Acres 0.00
Year Built 1953
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 1274 Nw 29th St
Area 31
City Miami
County Miami-Dade
State FL
Zip Code 33142-6618
HOPA No Hopa

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Listing Details

OfficeRelated ISG Realty, LLC.

Listing Map

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