2494 NW 20 Street

Seven Bay Retail Strip in Developing Allapattah. Site is on nw 20 st, the neighborhood’s Main Street. The property is a 11,537 sf building on a 20,200sf corner lot. Owner is currently completely renovating the building and will deliver in pristine condition with entirely re-done facade, windows, etc. Pro-forma rents are at $210,000/year. Allapattah is one of urban-core Miami’s quickest transitioning neighborhoods. Due to its proximity to Downtown and strong local employment base, the area is seeing rapid re-development, with new investors and projects quickly coming in. Underlying land is T-6-8-O, allowing for mixed-use development of up to 70 residential units with retail, office, or hotel uses permissible. This zoning allows for the site to be a great retail income earner today, and great development play in the future.


Price : $2,750,000.00
Property Type : Retail
Property Sub-type : Shopping Center
Property use : Vacant/Owner-User
Status : Sale
Building Size : 11,537 Square Feet
Lot Size : 20200
Address : 2494 nw 20 street
State : fl
Zip Code : 33142
City : Miami

Find on Map

  • : 305.431.2258
  • : CFM@faustocommercial.com
More Info