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MAIN CORRIDOR COVERED LAND + OFFICE BUILDING w/ COMMISSARY KITCHEN

MAIN CORRIDOR COVERED LAND + OFFICE BUILDING w/ … · Chef Lorena Garcia 5061 Biscayne Boulevard SUBJECT SITE. Equivalent to approximately: $240 per Land Square Foot / $574per Building

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  • MAIN CORRIDOR COVERED LAND+ OFFICE BUILDING w/ COMMISSARY KITCHEN

  • OPPORTUNITY SUMMARYApex Capital Realty is pleased to present an extremely centrally located covered land play / prime office building sitting along Miami’s main mixed-use corridor at 5061

    Biscayne Boulevard. Located in the charming Upper Eastside portion of the Boulevard, the site sits just outside of the Design District and at the entrance to the historic Miami Modern (MiMo) District.

    Previously utilized as a single-tenant headquarter office space for an events production & catering company, the building was remodeled to accommodate both heavy kitchen and professional office use, with about half of the ground floor (nearly 3,000 SF) dedicated to a fully built-out commercial kitchen complete with loading

    bays/garage. The second floor features over 5,000 usable square footage of updated office plus chic conference room. In total throughout the building there are over 15 private offices of varying sizes which can be repurposed for a range of uses.

    Made up of a 2 parcel assemblage with full-block frontage, the offering comprises a total of 28,728 Square Feet of Land, and just over 12,000 Square Feet of Building. It would be the buyer’s prerogative whether to utilize the space as an end-user, conduct further remodeling to bring the building even more up-to-date & lease out to a

    top-tier tenant, or utilize the land and re-develop the site into a mixed-use or residential project as others in this direct vicinity are doing.

    In the heart of Miami’s Upper Eastside neighborhood, the site sits just adjacent to the thriving residential communities of Morningside and Bay Point, and is passed by nearly 40,000 vehicles daily at this live/work/play portion of town. Just a couple blocks to the South there is a Publix and to the North several new construction projects at several stages of development. The opportunities are endless for the right buyer with a creative plan to capitalize on the location and infrastructure this site has to offer.

  • PROPERTY OVERVIEW / ZONINGProperty Addresses:5061 Biscayne Boulevard, Miami, FL 33137Neighborhood: Upper Eastside / MiMo District

    Lot & Building Size Breakdown:5061 Biscayne Blvd: 15,444 Land SF / 12,012 Adj. SFAdjoining parcel: 13,284 Land SF (parking lot)

    Total: 28,728 Land SF (0.66 acres) Frontage:Approx. 200 feet on Biscayne

    (full block corner location)

    Zoning: T4-O

    Max. Height: 3 storiesLot Coverage: Max. 60% Density: 36 units per acre

    Max. # of Units: 23

  • BUILDING OVERVIEWThe building includes two (2) stories suitable for single-tenant office and/or mixed-use with a

    commissary kitchen.

    • 1st Floor: approx. 6,425 SF- Primarily comprised of fully built-out commercial kitchen

    - Kitchen SF: approx. 2,888 SF (includes walk-in freezer, dishwasher room, storage, &

    pastry/bakery area)

    • 2nd Floor: 5,660 SF• Total Adjusted SF: approx. 12,012 SF

    Additional details:

    • 40 parking spaces• 2 drive-in bays • Contains 18+ private offices plus conference room

    **Additional interior photos + floorplans available upon request

  • ADDT’L BUILDING PHOTOS

  • ALLOWABLE USES

    Situated along Biscayne Boulevard, the main

    mixed-use corridor of Miami, the site carries a

    T4-O zoning which allows for the following uses:

    • Multi-family• Bed & Breakfast/Inn• Office• Entertainment Establishment• Food Service Establishment• General Commercial• Recreational Facility• Religious Facility• Research Facility

  • LOCATION OVERVIEW • Located in the heart of Miami’s MiMo District, the owner/user will be minutes from Miami’s top destinations such as Design District, Midtown, & the Wynwood Art District

    • Specifically, the charming Upper Eastside neighborhood is just north of Edgewater, east of Little Haiti, south of the village of Miami Shores, and sits on Biscayne Bay. It contains the

    subdivisions of Magnolia Park, Bay Point, Morningside, Bayside, Belle Meade, Shorecrest, and Palm Grove.

    • Daily traffic count over 38,500 vehicles from both North & Southbound Biscayne Blvd traffic

  • BOUTIQUE VIBESThe MiMo District along Biscayne Boulevard is host

    to many art galleries, shops and restaurants. This particular portion of the district is undergoing a

    revival of boutique new construction projects, with creative retail, residential and office.

    5101 Biscayne Boulevard: Planned landmark mixed-use project by The Mattoni Group

    Paseo Miami:Under construction luxury residential/retail project

    by 13th Floor Investments & Tricera Capital

    CHICA:Upscale restaurant concept by

    Chef Lorena Garcia

    5061 Biscayne BoulevardSUBJECT SITE

  • Equivalent to approximately: $240 per Land Square Foot / $574 per Building Square Foot

    ASKING PRICE / $6,900,000