4699 NW 27th Ave, Miami, FL

About this property

Commercial opportunity located directly on NW 27th Avenue in Miami within the Wilson Estate subdivision. The property features a 1-story building with approximately 1,988 SF situated on a 3,600 SF lot. Current primary land use: Store/Retail Outlet/Warehouse. Zoning: 6051 UCH Mixed Use Corridor (MC4 Max Height). The building includes two interior restrooms positioned on opposite sides of the structure, allowing flexibility for potential division. Layout may accommodate two separate retail spaces, offering income diversification potential. Currently tenant-occupied with long-term tenant paying $4,600/month. Rent has not been increased in several years, presenting upside potential. Located on a high-traffic main corridor with strong visibility. NW 27th Avenue features multiple lanes in both directions and is serviced by the Metrorail line, enhancing exposure and accessibility. Multiple on-site parking spaces. Additional parking expansion may be possible by converting side grass area to concrete (buyer to verify). Zoning permits a variety of uses including retail, auto parts, restaurant/food service, professional office, and similar commercial applications (buyer to verify with city). City may allow installation of storefront windows along street-facing façade (buyer to verify). Potential for vertical expansion (second floor), subject to city approval. Property equipped with surveillance camera system. Seller motivated.