www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33887720
33887721

248 NE 59TH ST, MIAMI, FL 33137-2112

JN
3272621, 3649427
Metro 1 Commercial (Metro 1)
Listed by Metro 1 Commercial (Metro 1)
Unpriced
6 days on market
Updated 6 days ago
Opportunity zone

Restaurant Space at the Climate and Innovation Hub

Details
APN 0132180150420
Property Type Retail
Sub Type Restaurant, Bar (+1)
Square Footage 4,400
Net Rentable (SqFt) 4,400
Units 1
Tenancy Vacant
Year Built 1948
Stories 2
Lot Size (SqFt) 10,000
Zoning T5-L
Investment Type Owner/User
Ground Lease No
Sale Condition N/A

4,400 SF Building Slated for Restaurant at the Future of Cities Climate & Innovation Hub

Marketing description

Metro 1 exclusively presents for sale and lease the property located at 248 NE 59 Street, Miami, FL (“The Property”).

Located within the Future of Cities Climate & Innovation Hub in the heart of Little Haiti, this adaptive reuse property offers an opportunity to create a destination restaurant, café, cocktail lounge, or culinary experience integrated into a vibrant ecosystem of entrepreneurs, creators, wellness operators, cultural organizations, and community events.

The 4,400 SF flex space features high ceilings, a street-facing presence, roll-up door access, and direct connectivity to a private 2,000 SF garden. The property can accommodate a full-service restaurant, chef-driven concept, commissary kitchen, café, wine bar, or hospitality venue, with the ability to activate both indoor and outdoor dining environments.

As part of the larger Innovation Hub campus, operators benefit from adjacency to a 15,000 SF outdoor event garden, live programming, educational events, cultural activations, art exhibitions, and a growing network of creative businesses and visitors. The campus is designed to foster community engagement, sustainability, and experiential destinations that draw patrons from Little Haiti, the Design District, Wynwood, and beyond.

This is more than a restaurant location—it is an opportunity to become the culinary anchor of a transformative mixed-use campus dedicated to innovation, culture, and the future of urban living.

Disclaimer: Back portion of 258 NE 59 St property is encumbered by a long term lease from the cell tower until 2112, along with an easement to access the encumbered area.

Investment highlights

Turnkey 4,400 SF restaurant/flex space with high ceilings, roll-up door access, and a street-facing presence — built for a chef-driven concept, café, wine bar, or hospitality venue.

Private 2,000 SF garden for outdoor dining and seating, plus access to a 15,000 SF outdoor event garden for activations, live programming, and cultural events.

Part of the Future of Cities Climate & Innovation Hub — anchor a vibrant campus of entrepreneurs, creators, wellness operators, and cultural organizations in the heart of Little Haiti.

Prime location, 2 minutes to the Design District and minutes from Wynwood, Little River, and Ironside — drawing patrons from across Miami's hottest creative corridors.

Explosive growth corridor — adjacent to the Magic City Innovation District (2,700 units, 2M SF office planned), Swerdlow's $2.6B redevelopment, and House by Shigeru Ban.

Listing Contacts

JN
3272621, 3649427
Metro 1 Commercial (Metro 1)
Listed by Metro 1 Commercial (Metro 1)

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
T5-L MixedMixed UseUrban Center Transect Limited
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 49 uses
View all 49 uses
Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591