Mansion nightclub’s former space on Washington Avenue for lease at $70k/month

Space has been occupied by Copa Room, Icon, Mansion, Glam Slam — owned by Prince — and Club Z

Miami /
Aug.August 15, 2017 03:15 PM

Mansion nightclub’s former space on Washington Avenue in South Beach is on the market for lease at $70,000 a month or $840,000 a year, The Real Deal has learned.

John Brandt’s family has owned the building at 1225-1265 Washington Avenue since the 1950s, and this is the first time it is available for lease since 1984 because operators have always traded the lease to successive operators, he said. The space was most recently Copa Room, which moved out June 1. Before that, it was Icon, and previously, Mansion, Glam Slam  owned by Prince  and Club Z. Early on, it also home to a French casino and a vaudeville theater.

Over the years, the property’s operators have been ensnared in a slew of lawsuits, including an eviction suit against Club Z. At least one shooting in the VIP section led to the death of Miami Heat player Norris Cole’s personal chef, Antaun Teasley, in 2014, according to published reports.

Brandt said he and his brothers are now looking for an experienced nightclub operator, and would also consider other uses. The Lincoln Theatre on Lincoln Road, for example, is now leased to retailer H&M.

The Brandts’ nearly 77,000-square-foot, three-story building was built in 1934. The nightclub space is actually 29,000 square feet, including the first floor and a mezzanine. That would set the price for that space at $29 per square foot annually.

Washington Avenue is experiencing a wave of redevelopment, amid the city’s approval of new measures designed to increase hotel space and retail and dining opportunities on the street, which has lagged behind Lincoln Road and Ocean Drive in attracting first-tier retail, dining and hotel venues.

New projects planned include Moxy South Beach, a seven-story, 202-room boutique hotel to replace aging storefronts at 915-947 Washington Avenue; a micro hotel to be developed by Miami Beach developer Andrew Joblon and New York-based Imperial Companies at 601-685 Washington Avenue; and a mixed-use project with a parking garage, hotel and retail components at 900 Washington Avenue, to be developed by Robert Finvarb and Michael Simkins.


Related Articles

arrow_forward_ios
A photo illustration of 12203 Tillinghast Circle in Palm Beach Gardens (top) and 6300 North Bay Road in Miami Beach (Getty Images, Old Palm Golf Club, Coldwell Banker)
Flipping crazy: South Florida’s top resi flips of the year so far, ranked
Flipping crazy: South Florida’s top resi flips of the year so far, ranked
Don Peebles, in partnership with former Miami Beach Mayor Philip Levine and developer Scott Robins, wants to build a six-story office and apartment building on a city-owned parking lot (Rendering courtesy of 1664 Meridian Ave General Partner LLC)
Miami vs NYC: A developer’s guide
Miami vs NYC: A developer’s guide
From left: Monroe Capital’s Theodore Koenig, Steve Witkoff, HFZ's Ziel Feldman and Benny Shabtai with the Shore Club (Monroe, Witkoff, HFZ, Getty)
Judge awards $5M to Israeli mogul in HFZ lawsuit over failed Shore Club project in Miami Beach
Judge awards $5M to Israeli mogul in HFZ lawsuit over failed Shore Club project in Miami Beach
Prive at 5000 Island Estates Drive in Aventura (Condo.com, getty)
Privé in Aventura closing tops Miami-Dade’s weekly condo sales
Privé in Aventura closing tops Miami-Dade’s weekly condo sales
Carillon Miami Wellness Resort at 6801 Collins Avenue in Miami Beach (Google Maps, Getty)
Z Capital loses attempt to slap Miami Beach condo owners with $8M assessment
Z Capital loses attempt to slap Miami Beach condo owners with $8M assessment
Juan Jose Zaragoza and Fernando Perez-Hickman with 429 Lenox Avenue (LinkedIn, Google Maps)
Madrid-Miami JV buys WeWork leased office building in South Beach for $37M
Madrid-Miami JV buys WeWork leased office building in South Beach for $37M
Austin Rosen and 6417 Pine Tree Drive Circle (Zillow, Getty)
Hit repeat: Music exec Austin Rosen buys next-door waterfront Miami Beach home for $12.5M
Hit repeat: Music exec Austin Rosen buys next-door waterfront Miami Beach home for $12.5M
Jamestown CEO Matt Bronfman and the 727 Collins Apartments at 727 Collins Avenue in Miami Beach (Getty, Google Maps, Jamestown)
Former low-income South Beach apartments hit market as possible hotel conversion
Former low-income South Beach apartments hit market as possible hotel conversion
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...