5960 NE 2nd Ave, Miami FL 33137

  • $6,289,619

Overview

  • Industrial
    Property Type
  • Square Feet
    Area Size
  • Square Feet
    Land Area
  • 1950
    Year Built
  • Gridline Properties
    Listing Office
  • Alfredo Riascos
    Listing Agent
  • A11966813
    Property ID

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Description

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 involvement—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 systems—hood, HVAC, fire suppression, walk-ins, and grease infrastructure—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.

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Details

Updated on March 20, 2026 at 12:05 am
  • Property ID A11966813
  • Price $6,289,619
  • Year Built 1950
  • Property Type Industrial
  • Property Status Commercial Sale
  • Listing Agent Alfredo Riascos
  • Listing Office Gridline Properties

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