5960 NE 2nd Ave, Miami, FL 33137

 
MLS #: A11966813
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Price: $6,289,619 MLS Number: A11966813  Commercial / Investment
 Address: 5960 NE 2nd Ave, Miami, Florida 33137 USA
 Year Built: 1950
 
 Lot Square Feet: 7,922
 
 Lot Dimensions: 7922
 
 
 Remarks:
5960 NE 2nd Avenue is a fully renovated and stabilized commercial kitchen asset located along the rapidly strengthening NE 2nd Avenue corridor linking the Design District, Little River, and the MiMo District. Purpose-built for modern food production, the property oers durable income, institutional tenancy, and exceptionally low operational involvementâ€â€ideal for investors seeking stable cash flow in Miami's urban core. The +-5,000 SF building was renovated between 2023 - 2025, and contains five autonomous ±1,000 SF kitchen suites, each engineered for efficiency, durability, and high-volume throughput. Every suite is equipped with a 16-foot hood, an 8'×10' walk-in cooler/freezer, a 54" reach-in cooler/freezer, independent electrical and gas service, and commercial-grade prep and utility infrastructure. The kitchens are designed to run independently, with systems sized for meal-prep companies, caterers, and delivery-oriented operators. All leases are structured as NNN with mandatory maintenance contracts on critical systemsâ€â€hood, HVAC, fire suppression, walk-ins, and grease infrastructureâ€â€resulting in minimal landlord responsibility. A 5% management fee embedded in the leases creates either supplemental income for an active owner or a built-in buer for owners utilizing third-party management.
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Gridline Properties.
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