368 29Th StHialeah, FL 33012

This exceptional Hialeah investment opportunity presents a 4,800-square-foot warehouse, ideally situated at 368 W 29th St, Hialeah, FL 33012, in Miami-Dade County. The property, built in 1965 and boasting a 7,500-square-foot lot, comprises two units, each currently leased for $990,000. Currently 100% occupied with a multi-tenant lease structure, the property offers a stable income stream with below-market rents. The modified leases have a remaining term of approximately 0.2 years, expiring February 14, 2025, and commenced February 15, 2023, with a two-year term. The asking price is $1,980,000, translating to $412.50 per square foot. The property has undergone a city inspection and received approval. The interior units are well-maintained and in good condition. This single-story building presents a compelling investment prospect for those seeking strong cash flow potential or exploring future commercial redevelopment possibilities. The property's location in Hialeah offers excellent access to major transportation routes and a thriving industrial market. This is a rare opportunity to acquire a well-maintained, income-producing industrial property in a prime location.