Shoppes of IL Villaggio - Suite 103
Price: $900,000
Building Size: 888 SF
Price/SF: $1,013.51
Property Type: Retail
Property Sub-Type: Street Retail
Property Use Type: Net Lease Investment with 2 years left on lease
Commission Split: 3%
Occupancy: 100%
Tenancy: Single
Description
Unique Ocean Drive retail condo in the prestigious Shoppes of IL Villaggio. Only small retail space with Ocean Drive frontage available. Formerly Sunglass Hut space. High 17' ceiling with 23 feet of storefront. Includes one free parking space in covered parking garage. Privileged location enjoying extremely high foot traffic. Currently leased with two years to go. Ideal for owner user that can wait out the lease expiration, or an investor. Exclusive use of outdoor terrace next to Ocean Drive sidewalk.In the heart of South Beach, on the north end of Ocean Drive, adjacent to the Park. Surrounded by luxury condos and high end hotels. Steps from the beach.