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
- County Miami-Dade County
- Zip 33142
- Price $4,950,000
- Status Pending
- Subdivision
- Pets Allowed No
- MLS® # A11511599
- Property Type Commercial Sale
- Property Sub TypeIndustrial
- Status Pending
- Square Feet
- Year Built 1953
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $48,161
- Tax Year