1365 23rd St ,Industrial for Sale

1365 23rd St for Sale

Price $4,950,000.00

• Lot size 28110
• Year Build 1953
• Waterfront
• Zip 33142
• Style
• Parking Description
• Pool Yes
• Status Pending

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.

The 90,000 SF Rubell Contemporary Art Museum and the 50,000 SF Superblue are both on the same street just 2 blocks too the east. Presently Cold Storage Refrigerated Warehouse. Multiple coolers.

WEST END PARK AMD PB 16-34 LOTS 8 TO 13 INC BLK 28 LOT SIZE 28110 SQUARE FEET OR 21324-3165 05 2003 1

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.

City:Miami,Zoning:7000,List A O R:A-Miami Association of REALTORS,Stories:1,Electric:1:3 Phase Electric,Latitude:25.7988408,List Price:4950000,Listing Id:A11511599,Longitude:-80.2186996,Mls Status:Pending,Year Built:1953,Directions:google maps,Postal Code:33142,Street Name:23rd St,Contingency:No Contingencies,Coordinates:1:25.7988408,Photos Count:11,Business Type:1:Warehouse Space,Days On Market:101,Lot Size Units:Square Feet,M I A M I R E_ Area:31,On Market Date:2024-01-05,Parcel Number:01-31-26-040-0100,Property Type:Commercial Sale,Stories Total:1,Street Number:1365,Off Market Date:2024-04-15,Public Remarks: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.,Structure Type:1:Industrial,County Or Parish:Miami-Dade County,List Office Name:Gridline Properties,Private Remarks:The 90,000 SF Rubell Contemporary Art Museum and the 50,000 SF Superblue are both on the same street just 2 blocks too the east. Presently Cold Storage Refrigerated Warehouse. Multiple coolers.,Standard Status:Pending,Living Area Units:Square Feet,Major Change Type:Pending,Postal Code Plus4:7621,Property Sub Type:Industrial,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:48161,Unparsed Address:1365 NW 23rd St, Miami FL 33142,Listing Agreement:Exclusive Right To Sell,Building Area Total:14538,Building Area Units:Square Feet,Lot Size Square Feet:28110,Number Of Buildings:1,Original List Price:4950000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-01-05,Originating System I D:miamire,Public Survey Section:26,Street Number Numeric:1365,Tax Legal Description:WEST END PARK AMD PB 16-34 LOTS 8 TO 13 INC BLK 28 LOT SIZE 28110 SQUARE FEET OR 21324-3165 05 2003 1,Electric On Property Y N:1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2.25%,M I A M I R E_ Internet Remarks:Cold Storage Refrigerated Warehouse. Multiple coolers.,Contract Status Change Date:2024-04-15,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.25%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2.25%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,