Hialeah, FL 33010

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$5,250,000
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Trustpoint Realty, LLC.

Positioned in the heart of Hialeah's industrial corridor, 455 E 10th Ave offers a rare opportunity to acquire a functional, well maintained industrial asset with excellent connectivity to major transportation ...

Description

Positioned in the heart of Hialeah's industrial corridor, 455 E 10th Ave offers a rare opportunity to acquire a functional, well-maintained industrial asset with excellent connectivity to major transportation routes, Miami International Airport, Port Miami, and surrounding business demand. The ±20,983 SF building sits on a ±27,443 SF (0.79 acre) corner lot with three grade level doors, on site parking, and Light Industrial (7100) zoning. Supports a wide range of operational uses including warehousing, distribution, light manufacturing, and storage. Built in 1959, with 19 foot ceilings, 3 phase power, and 3 grade level doors. The property will be delivered vacant at closing. With a 40 year structural recertification recently completed and strong owner user or value add potential, the property is priced to align with the lower end of active comparable assets per building SF in this rapidly tightening submarket. The site also presents a compelling redevelopment opportunity, with the ability to build up to 50 residential units across up to 8 floors, making this an ideal target for developers and investors looking to capitalize on Hialeah's continued residential growth.

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.