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Apartments Condo For Sale • 3,523 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit CU-1 & 2 | Retail | 3,523 SF | $5,521,000 USD | |
DescriptionTwo 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 NotesDWNTWN 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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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.
| 100% Occupied with 7.88-Year Weighted Average Lease Term |
| Two F&B Tenants in Miami's Premier Arts District |
| 2027 NOI $303,656 in Contractual Base Rent in Place |
| Core Wynwood Location |
| Cap Rate: | 5.50 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Cleopatra Ink | 1/9/2029 | |
| Crudos Fusion Art | ||
| KYU’s Steven Haigh and chef Michael Lewis | ||
| Laid Fresh | ||
| Sann, Jonathan |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Santa Clara (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 5 min | - | 1.7 mi |
| Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 5 min | - | 1.9 mi |
| Airport | Drive | Walk | Distance |
| Miami International | 22 min | - | 10.2 mi |
| Fort Lauderdale/Hollywood International | 33 min | - | 22.0 mi |
| Parking Available: | Yes |
| Reserved: | Yes |
| Spaces Provided: | 2 |
| Type: | Reserved |
| Included in Rent: | Yes |
Tony Arellano
DWNTWN Realty Advisors
Tony Arellano
DWNTWN Realty Advisors
