1365 NW 23rd St, Miami, 33142

  • $4,950,000

Listing UP for Sale

Miami

Overview

Property ID: A11511599
  • Property Type
  • Industrial
  • 28110
  • Lot sqft
  • 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 1365 NW 23rd St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33142
  • Area Miami-dade County

Details

Updated on April 16, 2024 at 8:14 pm
  • Property ID: A11511599
  • Price: $4,950,000
  • Land Area: 28110 sqft
  • Year Built: 1953
  • Property Type: Industrial
  • Property Status: Listing UP for Sale

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Jonathan Eismann
  • Jonathan Eismann