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.

Address

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Address: 2nd Ave
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33137

Details

Updated on February 27, 2026 at 3:46 am

Property ID A11966813
Price $6,289,619
Year Built 1950
Type Industrial
Property Status Commercial Sale

Additional details

BuildingAreaTotal 5000
BuildingAreaUnits Square Feet
BuildingName 5960 NE 2nd Ave
BusinessType Special Purpose
ContractStatusChangeDate 2026-02-17
DaysOnMarket 9
ExpirationDate 2026-08-17
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-325-5647
LotSizeSquareFeet 7922
MajorChangeTimestamp February 25, 2026 at 10:31pm
MajorChangeType Price Increase
MlsStatus Active
ModificationTimestamp February 26, 2026 at 09:33pm
NumberOfUnitsInCommunity 0
OnMarketDate 2026-02-17
OriginalEntryTimestamp February 17, 2026 at 03:40pm
OriginalListPrice 6289619
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-13-022-0130
PhotosChangeTimestamp February 17, 2026 at 03:44pm
PhotosCount 8
PostalCodePlus4 2010
PreviousListPrice 6289618
PriceChangeTimestamp February 25, 2026 at 10:31pm
PublicSurveyRange 31
PublicSurveySection 13
PublicSurveyTownship 31
SourceSystemKey 426915337
SpecialListingConditions Sale
StateOrProvince FL
StatusChangeTimestamp February 17, 2026 at 03:40pm
StreetDirPrefix NE
StreetName 2nd Ave
StreetNumber 5960
StreetNumberNumeric 5960
StructureType Industrial, Free Standing
SyndicationRemarks 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.
TaxLegalDescription DIXIE WAYSIDE TR PB 6-2 LOTS 15 & 16 LESS E10FT & N10 FT ST & LESS N10FT OF LOT 15 LOT SIZE 7922 SQ FT OR 18667-1636 0599 1
Zoning 6101