put riverfront acres on block
real estate listing for the Mahi Shrine Temple Auditorium, 1400-1500
NW North River Drive, puts more than 7 acres with 880 feet fronting
the Miami River on the market.
asking price for the riverfront landmark is $19.75 million.
property owners were not available for comment.
Shepherd, a real estate consultant at The Allen Morris Co. handling
the disposition with presidential assistant Larry Rentz, calls the
property "a must-see for the creative-minded developer."
buildings totaling more than 50,500 square feet sit on the 7.2 acres,
Mr. Rentz says.
developer could take down what's there or incorporate it into a larger
development," he says. "The main building is in good shape,
with 16- to 20-foot ceilings."
42,000-square-foot main building consists of a large auditorium with
stage, office or meeting rooms and classrooms, he says.
on site, he says, are a 4,955-square-foot warehouse with two bay doors
and a 3,600-square-foot building now in use as a social club.
property is zoned for office use and was master-planned by the City
of Miami to allow a wide assortment of residential and commercial
Rentz says the company will initially target mixed-use developers
and government entities, since the area is already home to a number
of government agencies.
Mahi Shrine, now headed by Richard E. Lynn, is one of 11 shrines in
Florida affiliated with the Shrine of North America, an international
fraternity of about 525,000 members throughout four nations of the
Americas. The Florida shriners are to hold their annual association
meeting here next May.
maintain a network of 22 hospitals that delivery free care to children
under 18 for burns and orthopaedic treatment. The Mahi Shrine provides
free transportation for children to a shriners' hospital.