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1st Floor - Unit CU-1 & 2
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Retail
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3,523 SF
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$5,521,000 USD
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Unit Size: 3,523 SF
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Condo Use: Retail
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Price: $5,521,000 USD
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Sale Type: Investment
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Price/SF: $1,567.13 USD
Description
Two ground-floor commercial condo units (CU-1 and CU-2) totaling 3,523 SF located within 250 Wynwood, a six-story, 11-unit luxury multifamily building completed in 2015. CU-1 comprises 1,730 SF and CU-2 comprises 1,793 SF, each with direct street-level access and prominent frontage along NW 24th Street. Both units feature open floor plans, high ceilings, and full restaurant build-outs. Located one block from Wynwood Walls in Miami's premier arts and entertainment district, with a Walk Score of 96.
Sale Notes
DWNTWN Realty Advisors is pleased to exclusively present the opportunity to acquire two fee-simple ground-floor commercial F+B retail units totaling 3,523 square feet at 250 Wynwood, a six-story luxury residential building situated at the epicenter of Miami's most culturally dynamic and supply-constrained urban submarket. The offering comprises Commercial Units CU-1 and CU-2, 100% occupied by two established food-and-beverage operators — La Birra Bar and Doggi's Arepa Bar — generating in 2027 $303,656 in annual base rent with a weighted average lease term of 7.9 years. Wynwood has experienced 124% residential population growth since 2015, attracting over 6 million annual visitors and commanding new construction retail rents well above the national average. With long-term leases in place, no landlord responsibilities for interior maintenance, and a Walker's Paradise score of 96, this asset offers an investor stable, management-light cash flow in one of the most visited and talked-about neighborhoods in the country.
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