Wynwood Building Sells For $331 Per Square Foot

166 NW 29th St.

Retail Storefront at 166 NW 29th Street in Wynwood

This week in Wynwood, a building zoned for commercial and residential use, sold for $650,000. The mixed use property located at 166 NW 29th Street measures 1,963 square feet and was sold at $331 per square foot. The front of the building provides 800 square feet of retail space with residences behind the storefront. The structure sits on a 6,900 square foot lot fronting Wynwood’s main thoroughfare, NW 29th Street. Eric Gonzalez, a sales associate for Lombardi Properties, represented  the seller in the transaction to an anonymous buyer. The landmark sale sets a new high for price points in the bourgeoning Wynwood Arts District.

166 NW 29th St.

Street View of 166 NW 29th Street in Wynwood

166 NW 29th St.

Residences at 166 NW 29th Street in Wynwood

EricGonzales_full_54390

Sales Associate, Eric Gonzalez of Lombardi Properties