1365 NW 23rd St, Miami FL 33142,Miami,Miami-Dade County,Commercial Sale

  • $4,950,000
1365 NW 23rd St, Miami FL 33142
Commercial Sale Active

1365 NW 23rd St, Miami FL 33142,Miami,Miami-Dade County,Commercial Sale

1365 NW 23rd St, Miami FL 33142
  • $4,950,000

Overview

  • Industrial
  • Property Type
  • 1953
  • Year Built

Description

Located on the north-side of the Miami Produce district this 14,538 SF Industrial Warehouse is presently used as a cold storage facility. The combination of its size, its cold storage set-up, and its last-mile location make it an extremely valuable real estate asset, Cold storage facilities have become a national commodity within the commercial real estate sector. Vacancy rates for properties in this asset class are at nearly zero percent. This property could certainly continue to prosper in its current demise and it also has the potential for creative adaptive reuse, or as a development site for the construction of new apartments. This area continues to attract top investors and a roster of dynamic and prospecting small businesses and tenants.

  • Address 23rd St
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33142

Details

Updated on January 16, 2024 at 11:22 pm
  • Property ID: A11511599
  • Price: $4,950,000
  • Year Built: 1953
  • Property Type: Industrial
  • Property Status: Commercial Sale

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Marielle Michel

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