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Warehouse – Miami, Florida, USA

$6,250,000
$2,791 /m²
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  • Total area
    2,239 m²
  • Built in 
    1953

This pride of ownership condition property was gut renovated to code in 2017. Presently demised into 3 spaces serving Custom Closet Fabricators, and two Interior Design showrooms. This building is ready to hand over needing zero dollars in capex upon acquisition to a new owner, with combined income from very stable tenants, and positive strong cash-flow at under-market rents. This Last Mile zone sector is rife with new development, and is a community of many of our top local investors, artists, caterers, makers, and local investors. This property represents value and utility, in this rapidly growing sector of West Little River. Current GOI of $ 315,780 annual. 2k SF tenant lease expires 11/23 – 3.5k SF tenant lease expires 6/23 – 18,000 SF tenant lease expires 6/23. No options.

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