The Food Store located at 495 Ludlam Drive was placed on the market. This is a rare and unique opportunity to purchase a piece of commercial land on the west end of Miami Springs. The asking price is $1,850,000.
- Address: 495 Ludlam Dr
- MLS #: A10961126
- Price: $1,850,000
- Lot Sq Footage: 12,700
- Parcel Number: 05-30-24-002-1070
- Prop Type/Type of Building: Convenience Store
- Property SqFt: 12700
- Status: Active
- #Toilets: 1
- Year Built: 1964
- Building Size: 2,308 SF
- Frontage: 75 ft on Ludlam
The listing is described as follows: ” Excellent corner location, established for many years with loyal clients and no competition. Located in an upper middle class section of the Springs, close to the International Airport and Inter-City Express Way, opportunity to develop other services and create growth . Value priced in the low range for the area. The City of Miami Springs is highly respected for its clean, organized and protected environment, the property values are in constant rising. The business will be able to convey all licenses as well as all products and services.”
What’s the best use for this location?
If you spent nearly $2 million for the property, would you keep it as a Food Store or would you turn it into something else?
Let us know your thoughts in the comments.