1222 163Rd StNorth Miami Beach, FL 33162

This exceptional commercial property, located at 1222 NE 163rd Street in North Miami Beach, Florida, 33162, presents a unique investment opportunity. Boasting a substantial 12,000 square feet of space across two stories, this Class B building is zoned for commercial use and offers significant potential for diverse ventures. The asking price is $3,900,000, translating to $325 per square foot. The property features three distinct units, ideal for multiple tenants or a single operator seeking expansive space. The ground floor includes a fully equipped kitchen, complete with all necessary restaurant equipment, ready for immediate lease or operation. This level is perfect for a restaurant or food-related business, capitalizing on the high-traffic location. The second floor provides a wide-open retail space, adaptable to a variety of uses. Adding to its appeal, the property benefits from additional parking located at the rear of the building. The property's prime location on a busy North Miami Beach thoroughfare ensures high visibility and substantial daily traffic exceeding 60,000 vehicles. Furthermore, an additional 12,000 square feet of air rights are available, presenting exciting possibilities for future expansion or development. This property is a rare find, combining a strategic location, versatile space, and significant upside potential.