1365 Nw 23rd St, Miami

$4,950,000

0 Bed
0 Bath
0 Acre
0 Garage

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.

Essential Information
MLS® #A11511599
Price$4,950,000
Bathrooms0.00
Acres0.00
Year Built1953
TypeCommercial
Sub-TypeIndustrial
StatusPending
Community Information
Address1365 Nw 23rd St
Area31
CityMiami
CountyMiami-Dade County
StateFL
Zip Code33142-7621
Interior
# of Stories1
StoriesOne
Additional Information
Date ListedJanuary 9th, 2024
Days on Market133
Listing Details
Listing Courtesy ofGridline Properties
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