2475 S Douglas Road

About 2475 S Douglas Road

Cushman & Wakefield, as exclusive advisor, is pleased to present the fee-simple sale of 2475 S Douglas Road (the “Property”), a ±4,582 SF freestanding restaurant building offered together with a contiguous ±9,600 SF entitled parking parcel. The combined ±0.43-acre corner assemblage occupies the hard signalized intersection of S Douglas Road (SW 37th Avenue) and SW 25th Street, one block from Miracle Mile and the Coral Gables central business district. The Property presents an increasingly rare combination in this supply-constrained submarket: a standalone building with a functional layout, two-street corner frontage, and a dedicated, contiguous surface parking field, a profile purpose-built for an owner-user or an adaptive reuse repositioning.

The main structure is operated as a single-tenant restaurant by Feten Group Corporation under the Habana Vieja Restaurant trade name, and delivers the attributes today’s end users pay a premium for: masonry construction, single-story efficiency, a hard signalized corner, pylon and building signage, and 27 on-site surface spaces at a ratio of 5.89/1,000 SF. That parking profile materially outperforms the surrounding Miracle Mile corridor, where the peer set averages minimal to zero on-site parking. Because the parking parcel is directly contiguous to the building, a future owner controls the real estate and its parking as a single, unbroken corner site, an advantage the surrounding multi-tenant storefronts cannot replicate.

With an excellent location, exceptional pedestrian connectivity, and submarket vacancy near historic lows of ±2.2%, the Property is positioned to reward a chef-driven concept, a flagship medical or service user, or a creative retail-to-office conversion. In parallel, the entitled parking assemblage delivers genuine long-term optionality for a larger-scale redevelopment as the corridor continues to intensify.