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15700067
15700068

1240 NW 74th St, Miami, FL 33147

ML
FL 3455922
STL Commercial
STL Commercial
Listed by STL Commercial
$9,000,000
811 days on market
Updated 25 days ago
Opportunity zone

West Little River Warehouse

Details
APN 30-3111-033-0033
Property Type Industrial
Sub Type Warehouse
Square Footage 29,475
Tenancy Single
Lease Type Modified
Price per SqFt $305
Broker Co-Op Yes
Buildings 1
Stories 1
Lot Size (SqFt) 64,538
Zoning IU-1
Ceiling Height 18 ft
Loading Docks 3
Dock High Doors 2

29,475 SF Warehouse | Seller Financing Available

Marketing description

Opportunity to purchase a 30,000 square foot warehouse on a 65,000 square foot lot in West Little River. Little River is an up and coming neighborhood that is starting to see a major boom. The western portion of the neighborhood is relatively untapped, giving an investor or user a strong strategic advantage to pick up a large piece before the area heats up.

The warehouse has 18 foot ceilings with 14 foot clear heights and features an expansive open layout with a large outdoor area, featuring two loading ramps, one with dock height accessibility, and a third loading dock in the back of the property. The property has six roll up doors. It also has numerous industrial fans and the main section of the warehouse and office space are under AC. There is parking at the front of the building as well. The building is 100% sprinklered.

The property is also located in a Qualified Opportunity Zone.

The property is currently occupied by a successful movie, tv, event, and advertisement prop business netting approximately $1.1 million/year. This business is for sale and the real estate can be sold contingent on the business purchaser leasing back the property at a rate favorable to the buyer of the real estate.

Please inquire with the brokers for more detail.

Investment highlights

- Practical layout with ample parking and loading
- Opportunity Zone
- Major piece in growing neighborhood
- Ability to purchase with lucrative business in place
- Spray booth and other in place fixtures/equipment

Listing Contacts

ML
FL 3455922
STL Commercial
STL Commercial
Listed by STL Commercial

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Additional Information

Name
Max Loria
License
3455922
Brokerage
STL Commercial
Title
Real Estate Broker
Brokerage Address
4200 Northwest 7th Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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