I Scream Gelato Buys Its Store for $2,800 a Square Foot in Wynwood
I Scream Gelato purchased its parlor in Miami’s Wynwood neighborhood for about $3.7 million.
The 1,325-square-foot retail condo is located on the ground floor of the Society Wynwood apartment building at 2445 Northwest Second Avenue.
The deal translates to about $2,800 per square foot, following strong sales after the shop’s opening in May.
- Tenants in the building include Starbucks, Nacho Daddy and Chama De Fogo Brazilian Steakhouse.
- A joint venture purchased 32,000 square feet of ground-floor retail space for $23 million last year.
No direct quote available in the text.
Author's summary: I Scream Gelato buys store in Wynwood.
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