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950 NW 72nd St, Miami FL 33150

Commercial Recently Sold
$6,250,000

BTC: 89.67001435

ETH: 2,548.36802512

Sold on: 2022-10-06
164 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • Miami • 33150 • Commercial • Recently Sold

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1953
Lot:
38425 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data
All facts and features

  • Flooring

    • Concrete

    Cooling

    • Central Individual A/C

  • Lot

    • Lot: 38425 Square Feet

    Other Property Information

    • Parcel Number: 30-31-11-035-4640

    • Zoning: 7100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Industrial

  • Other financial information

    • Annual tax amount: $27,897

  • Source details

    • MLS ID: A11152987

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Central Business District / City Location / Corner Lot

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Gridline Properties