Marcus & Millichap is pleased to offer for sale the highly sought-after commercial asset at 4200-4204 NW 2nd Avenue in Miami, Florida. The property features approximately 7,000 square feet of rentable space across three bays, situated on a 0.25-acre lot in one of South Florida's most desirable retail markets, Wynwood. The 4200 bay is fully leased, offering immediate cash flow. 4202 NW 2nd Avenue is a recently completed 1,400-square-foot bay, actively marketed for lease. 4204 NW 2nd Avenue spans approximately 4,400 square feet and is ideally positioned for a full-service restaurant and lounge. Plans for the space have been submitted to the city and are awaiting approval. This three-bay retail property presents a rare opportunity to invest in a high-demand market experiencing significant growth. With the ongoing migration to South Florida and sustained rental demand, this asset is positioned to deliver long-term, stable cash flow, and capital appreciation for years to come.

4200-4204 NW 2nd Avenue's placement in the Wynwood Norte neighborhood showcases affordable housing options and a strong quality of life. The Wynwood Community Enhancement Association has confirmed the goal of the up-and-coming district is to improve the quality of life at a time when out-of-town developers are planning and building new mixed-use projects. The area is full of eclectic restaurants, bars, and retailers.

Miami-Dade County is a gateway to South American and Caribbean markets, as well as a popular tourist destination in its own right. The Miami metro has a population of roughly 2.7 million and is in the heart of Miami-Dade County. Miami has over 430,000 residents, followed by Hialeah, with roughly 225,000 people. In recent years, redevelopment projects have brought more businesses and residents to the county and overall metro. Miami-Dade County also has the largest concentration of medical facilities in the state, drawing residents who need services throughout Miami.

Seize this opportunity to invest in one of the hottest retail markets in South Florida. Property tours are available by appointment only; please get in touch with the listing broker to schedule.