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Trophy Retail Restaurant Building on Lincoln Road

Hospitality

Listing Contacts

Active

Asking Price:Unpriced

Deal terms are not currently defined. Request your own specific terms when submitting a non-binding offer.

Address 

298 Lincoln Rd, Miami Beach, FL 33139

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Date Added
Aug 21, 2024
Days on Market
212 days
Time Since Last Update
53 days

Details

Property TypeHospitality, Mixed Use, Office, Retail
SubtypeBar, Restaurant, Storefront

Marketing Description

  • ±8,602 SF MIXED USE RETAIL/OFFICE REDEVELOPMENT OPPORTUNITY LOCATED BETWEEN COLLINS AND WASHINGTON AVENUE WITH IRREPLACEABLE LINCOLN ROAD FRONTAGE

  • WORLD-CLASS TROPHY LOCATION OFFERING AN UNPRECEDENTED AMOUNT OF VALUE FOR INVESTORS WITH IMMEDIATE VALUE ADD VIA REPOSITIONING AND LONG TERM LEASE-UP AT MARKET RATES

  • POSITIONED ON ±0.10 ACRES WITH FAVORABLE/FLEXIBLE CD-3 ZONING (COMMERCIAL HIGH-INTENSITY DISTRICT) WITH 2.75 FLOOR AREA RATIO (FAR)

  • 40’ FRONTAGE ON LINCOLN ROAD; PREMIER FLAGSHIP SITE POSITIONED ALONG ONE OF THE MOST PRESTIGIOUS RETAIL CORRIDORS IN THE COUNTRY

  • LOCATED IN THE HEART OF SOUTH BEACH JUST 1 BLOCK FROM THE INFAMOUS BEACH NEAR A PLETHORA OF HOTELS, RETAIL, ENTERTAINMENT AND DIVERSE AMENITIES AND DEMAND DRIVERS

  • THE POTENTIAL TO TAP INTO A DYNAMIC TRADE AREA WITH ATTRACTIVE DEMOGRAPHICS; 5-MILE RADIUS BOASTS A $455K MEDIAN HOME VALUE, $95,718 AVERAGE HOUSEHOLD INCOME AND ±236,878 RESIDENTS

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Due Diligence

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Contact

Listing Contacts


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