For Sale
$5,900,000

887 Okeechobee RdHialeah, FL 33010

Prime Hialeah Retail, High-Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Hialeah storefront presents a lucrative investment opportunity. Located at 887 E Okeechobee Rd, this 6,345-square-foot retail property sits on an 11,472-square-foot lot in Miami-Dade County, Florida (zip code 33010). Built in 1952 and renovated in 2013, the property boasts C-2 zoning. Currently operating as a successful marine supply business, it offers significant growth potential. The business has demonstrated consistent profitability, with gross profit margins exceeding 25% and revenue growth from $3.5 million in 2017 to $4.8 million in 2023. The asking price is $5,900,000. This turnkey operation includes substantial inventory and presents opportunities for expansion through online sales, product diversification, and strategic partnerships. The property's prime location and strong financial performance make it an attractive investment for discerning buyers seeking a high-return opportunity in a thriving market. This is a rare chance to acquire both a profitable business and a valuable real estate asset.

Highlights

  • Strong operating margins exceeding 25%.
  • Extensive inventory of marine supplies.
  • Experienced management and prime location.
  • Significant growth potential.

Property Details for 887 Okeechobee Rd

Property type
Retail properties, Retail space
Square Feet
6,345 SF
Year Built/Renovated
1952/2013

Location Insight

City
Hialeah
County
Miami-Dade
State
Florida
Latitude
25.8101375
Longitude
-80.2630151
887 Okeechobee Rd, Hialeah, Florida

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887 Okeechobee Rd
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