We use technical and analytics cookies to ensure that we give you the best experience to our website
+1 646-431-8072
Gelfand Realty Miami Properties for Sale - Commercial for Sale

1365 NW 23RD ST, MIAMI, FL 33142

Back to Search

Commercial - for Sale

1365 NW 23RD ST, MIAMI, FL 33142

Date Sold 05-16-2024

Sold Price$4,850,000 Asking Price$4,950,000

Share by:

  • Days on market:

    101 day(s)

  • Original Price:

    $4,950,000

  • 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

  • Property Type:

    Commercial

  • Special Listing Conditions:

    Sale

Description

$4,950,000

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.

Similar Properties in this Area

$6,200,000

14920 SW 137TH ST, MIAMI, FL 33196

$6,250,000

7350 BISCAYNE BLVD, MIAMI, FL 33138

$7,200,000

7350 BISCAYNE BLVD, MIAMI, FL 33138 CORAL WAY MEDICAL GROUP

$11,000,000

3181 SW 22ND ST, MIAMI, FL 33145 WADDELLS RESUB

$16,740,000

2150 NW MIAMI CT, MIAMI, FL 33127
* MLS is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the MLS and is provided here for consumers` personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MLS All rights reserved. Courtesy of One Sotheby's International Realty