Little Havana Retail Corner Building. Building has three current tenants including a restaurant and a market, and currently generates $100k gross but leases are short term and rents can be increased. The site is 4,000sf on a 10,000sf lot with private parking. The property has an interesting location, nestled into a quiet but growing little Havana neighborhood. Little Havana is booming with a wave of new high- quality developments adding to the existing substantial population base, meaning a wealth of new employment and improved conditions for the whole neighborhood. Local rents are skyrocketing, and you’ll be able to ride that upswing with this project.
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Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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