Opportunity to purchase a 30,000 square foot warehouse on a 65,000 square foot lot in West Little River. The warehouse has 18 foot ceilings with 14 foot clear heights and features an expansive open layout with a large outdoor area, featuring two loading ramp

1240 NORTH WEST 74TH ST, Miami

$7,400,000 USD
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Address1240 NORTH WEST 74TH ST, Miami
Type of PropertyIndustrial
Type of BusinessWarehouse Space
Price$7,400,000
Previous Price$9,900,000 (92 days ago)
Property StatusActive
MLS NumberA11556539
Property Size64538
Lot Size64538
Year Built1961
Folio Number30-31-11-033-0033
Zoning Information7100
Days on Market537

Detailed Description: Opportunity to purchase a 30,000 square foot warehouse on a 65,000 square foot lot in West Little River. The warehouse has 18 foot ceilings with 14 foot clear heights and features an expansive open layout with a large outdoor area, featuring two loading ramps, one with dock height accessibility, and a third loading dock in the back of the property. The property has six roll up doors. It also has numerous industrial fans and the main section of the warehouse and office space are under AC. There is parking at the front of the building as well. The building is 100% sprinklered. The property is also located in a Qualified Opportunity Zone. The property is currently occupied by a successful movie, tv, event, and advertisement prop business netting approximately $1.1 million / year.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33147
Address1240 NORTH WEST 74TH ST
Section11
Zip Code (4 Digits)6428
Financial Information
Price$7,400,000
Price per Foot$0
Previous Price$9,900,000
Folio Number30-31-11-033-0033
Tax Amount$37,460
Full Descriptions
Detailed DescriptionOpportunity to purchase a 30,000 square foot warehouse on a 65,000 square foot lot in West Little River. The warehouse has 18 foot ceilings with 14 foot clear heights and features an expansive open layout with a large outdoor area, featuring two loading ramps, one with dock height accessibility, and a third loading dock in the back of the property. The property has six roll up doors. It also has numerous industrial fans and the main section of the warehouse and office space are under AC. There is parking at the front of the building as well. The building is 100% sprinklered. The property is also located in a Qualified Opportunity Zone. The property is currently occupied by a successful movie, tv, event, and advertisement prop business netting approximately $1.1 million / year.
Property parameters
Living Area64538
Lot Size64538
Total Acreage0.000
Zoning Information7100
Maximum Leasable Size64538
Year Built1961
Type of PropertyIndustrial
Type of BusinessWarehouse Space
Street DirectionNorth West
Listed withSTL Advisors, LLC