• 328-330-342 Northwest 29th St., Miami, FL 33019

For Sale

Office

For Sale

This property is available for sale
0.48
Acres
Negotiable
Sale Price
  • Total Building Size
    11,000 RSF
  • Overview

    Formerly known as an industrial district, the Miami neighborhood of Wynwood has transformed the area into a colorful, living, breathing work of art. The streets of Wynwood are now known for their vibrant murals displayed on across numerous buildings. Rated among the most alluring areas in the country, Wynwood’s industrial history, increasing millennial population, retail growth and street art have made it a favorite among locals and tourists alike. There are dozens of new restaurants and bars, and hundreds of companies, creators, and innovators working in a place that just feels alive. While Wynwood is a great place to scope out the international street art scene, it’s also the perfect spot to uncover unique fashion and home boutiques. The stores in this popular Miami neighborhood are mostly small concept boutiques specializing in design and lifestyle goods. Even though it’s been around for the better part of a decade, Wynwood still feels like Miami’s most exciting new neighborhood – partially due to the fact that the city’s best chefs and bar owners keep opening their newest concepts in this trending scene. The property offered consists of two renovated and income-producing buildings, plus one adjacent lot, totaling 21,000 square feet of land and 11,000 square feet of built space. Located south of I-195 and east of I-95, Wynwood is one of the most sought out markets experiencing strong growth with great positioning over the last decade. It is fast becoming the “Soho of Miami,” making it home to new fashion brands, cutting-edge restaurants, one-of-a-kind retailers, and active nightlife. The two buildings generate $263,273 in gross income, approximately $24 per square foot, which is well below current market rates.

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Property Details

Wynwood Existing Office/Retail with Development Opportunity

Formerly known as an industrial district, the Miami neighborhood of Wynwood has transformed the area into a colorful, living, breathing work of art. The streets of Wynwood are now known for their vibrant murals displayed on across numerous buildings. Rated among the most alluring areas in the country, Wynwood’s industrial history, increasing millennial population, retail growth and street art have made it a favorite among locals and tourists alike. There are dozens of new restaurants and bars, and hundreds of companies, creators, and innovators working in a place that just feels alive. While Wynwood is a great place to scope out the international street art scene, it’s also the perfect spot to uncover unique fashion and home boutiques. The stores in this popular Miami neighborhood are mostly small concept boutiques specializing in design and lifestyle goods. Even though it’s been around for the better part of a decade, Wynwood still feels like Miami’s most exciting new neighborhood – partially due to the fact that the city’s best chefs and bar owners keep opening their newest concepts in this trending scene. The property offered consists of two renovated and income-producing buildings, plus one adjacent lot, totaling 21,000 square feet of land and 11,000 square feet of built space. Located south of I-195 and east of I-95, Wynwood is one of the most sought out markets experiencing strong growth with great positioning over the last decade. It is fast becoming the “Soho of Miami,” making it home to new fashion brands, cutting-edge restaurants, one-of-a-kind retailers, and active nightlife. The two buildings generate $263,273 in gross income, approximately $24 per square foot, which is well below current market rates.

  • Property Type
    Office
  • Submarket
  • Total Building Size
    11,000RSF
  • Total Acres
    0.48
  • Building Class
    B
  • Sale Status
    Available
  • Last updated
    Apr 03, 2018
  • Property ID
    2012796

Landlord's Sales Representatives

  • mbethancourt@hilcoglobal.com
     
  • mrodriguez@hilcoglobal.com
     
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