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1060 NW 22nd St
Miami, FL 33127 Allapattah

$3,999,000

Service For Sale  •  14,000 Sq Ft

Property Details

  • Property Type Service
  • Total Building Size 14,000 Sq Ft
  • Lot Size 0.6 ac
  • Building Class C
  • Year Built 1924
  • Cap Rate 5.42 %
  • Tenancy Multiple
  • Zoning I, Miami
66 Transit Score
84 Walk Score

Description

Industrial Warehouse located in the heart of Allapattah. Great Opportunity to own in one of the fastest growing areas of the City. Highly Motivated Seller with Leaseback Available. Turn this property into an income producing property with a huge potential to develop in fastly-growing Allapattah. Multi-level floor plan with 14,455 Sq. Ft. on the main level and approximately an extra 14,000 Sq. Ft. on the lower level. This warehouse includes 5 docks, with +/- 16-Foot ceilings and plenty of parking space for 30+ vehicles. The property lot expends to 25,348 Sq. Ft. Easy access to Wynwood, Design District, Miami River, Jackson Medical, Downtown Miami, Port Of Miami, Beaches, MIA Airport, and all Highways.

Highlights

Excellent Location
Over 28,000 SF Rentable Space
Flexible rentable space including multiple office spaces
5 loading docks
Spacious parking lot for approximately 30 vehicles

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $223,000 (2018)
Cap Rate: 5.42 %
Total Expenses: $65,000

Amenities

  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
Miami Airport Commuter Rail (Tri-County Commuter) 10 min - 3.7 mi
Hialeah Market Commuter Rail (Tri-County Commuter) 9 min - 4.1 mi
Transit/SubwayDriveWalkDistance
Santa Clara Transit Stop (Metrorail Green Line) 2 min 7 min 0.3 mi
Civic Center Transit Stop (Metrorail Green Line) 3 min 15 min 0.7 mi
Allapattah Transit Stop (Metrorail Green Line) 3 min 19 min 0.9 mi
AirportDriveWalkDistance
Miami International Airport 22 min - 8.6 mi
Fort Lauderdale–Hollywood International Airport 34 min - 21.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Filippo Incorvaia 646-662-8504 Douglas Elliman Real Estate
Filippo Incorvaia 646-662-8504 Douglas Elliman Real Estate