Allapattah High-Traffic Retail | 2828 NW 17th Ave
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Allapattah High-Traffic Retail 2828 NW 17th Ave
3,274 SF 100% Leased Retail Building Miami, FL 33142 $2,559,600 CAD ($782 CAD/SF)
Investment Highlights
- JUST OFF 29 ST ON 17TH AVENUE CORRIDOR
- DEVELOPMENT POTENTIAL
- PARKING
- LOCATED NEAR MAJOR NEIGHBORHOODS
- VALUE ADD
- HIGH TRAFFIC CORRIDOR
Executive Summary
Located at 2828 NW 17 Ave, just off 29th Street—one of Allapattah's primary corridors connecting the neighborhood to the vibrant districts of Wynwood and Edgewater—this property offers unparalleled visibility and accessibility. Sitting on 17th Avenue, another major thoroughfare with a daily traffic count of approximately 19,500 vehicles, it benefits from consistent exposure in one of Miami's most rapidly growing and sought-after submarkets as the city continues its westward expansion.
This 3,274 SF building is divided into three units, currently housing a barbershop, an office (to be delivered vacant), and a shipping service tenant. This allows a unique opportunity for an owner user to occupy one unit and collect rent from the others.
The property is zoned T6-8-O, which allows for mid-rise development, including mixed-use projects with up to 26 multi-family units. Whether you're looking for a solid buy-and-hold investment with Value Add and appreciation, or planning a future development, this property presents an exceptional opportunity in a submarket on the rise.
This 3,274 SF building is divided into three units, currently housing a barbershop, an office (to be delivered vacant), and a shipping service tenant. This allows a unique opportunity for an owner user to occupy one unit and collect rent from the others.
The property is zoned T6-8-O, which allows for mid-rise development, including mixed-use projects with up to 26 multi-family units. Whether you're looking for a solid buy-and-hold investment with Value Add and appreciation, or planning a future development, this property presents an exceptional opportunity in a submarket on the rise.
Data Room Click Here to Access
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Net Operating Income | - | - |
Financial Summary (Pro forma - 2025) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,274 SF
Building Class
C
Year Built
1954
Price
$2,559,600 CAD
Price Per SF
$782 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.32 AC
Opportunity Zone
Yes
Zoning
T6-8-O - The property is zoned T6-8-O - allowing for mid-rise development. It allows for you to build a mixed-use project with 26 Multi-Family Units.
Parking
10 Spaces (3.05 Spaces per 1,000 SF Leased)
Frontage
112 ft on NW 17th Ave
Walk Score ®
Very Walkable (81)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 CAD (2024) | |
Land Assessment | $0 CAD (2024) | Total Assessment | $1,020,484 CAD (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$1,020,484 CAD (2024)
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Allapattah High-Traffic Retail | 2828 NW 17th Ave
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