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Property 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 Map
FL
Miami-Dade County
Miami
33142
1365 NW 23rd St
W81° 46' 52.7''
N25° 47' 55.8''
MLS Addon
1
Sale
1
Free Standing, Industrial
$48,161
Click Here
7000
0
13/01/2024 00:38:09

1365 NW 23rd St, Miami, Florida 33142

$4,950,000
28,110 size sq.ft.
Listing ID #A11511599
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11511599
Price $4,950,000
Year Built 1953
Days on Market 69
Building Area 14,538 Sqft
Status Active
Property SubType Industrial
Lot Area 28,110 Sqft
List Date 2024-01-10
On Market Date 05/01/2024
Elena Beck
MiamiInvestrealty
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