For Sale
$690,000

581 27Th StHialeah, FL 33010

2,000 SF Warehouse, Excellent Condition

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional Hialeah industrial property, located at 581 W 27th St, offers a compelling investment opportunity. The 2,000-square-foot warehouse, built in 1963 and fully renovated in 2023, boasts a single-story building on a single unit. Currently under a gross lease agreement with a tenant, the property provides a consistent cash flow with a lease term extending until September 30, 2026 (a remaining term of approximately two years). The asking price is $690,000. The property has undergone significant improvements, including a recently approved 40-year city inspection, updated electrical systems featuring three-phase electric service and over 400 amps capacity for equipment, and new electrical conduits and panels. This fully rented property presents a strong investment opportunity for buyers seeking stable income and potential for future commercial use. The property is situated in Miami-Dade County, Florida, zip code 33010. This is a single-tenant, single-building property with a lease commencement date of October 1, 2023. No tenant credit rating is available.

Highlights

  • $690,000 asking price for this industrial property.
  • 2,000 square feet of manufacturing/warehouse space.
  • Located at 581 W 27th St, Hialeah, FL 33010.
  • Gross lease in place with a remaining term of 2 years (expiring 9/30/2026).
  • Single-tenant occupancy.
  • Built in 1963, renovated in 2023.

Property Details for 581 27Th St

Property type
Warehouses, Industrial properties
Square Feet
2,000 SF
Year Built/Renovated
1963/2023
Buildings
1
Stories
1
Units
1

Location Insight

City
Hialeah
County
Miami-Dade
State
Florida
Latitude
25.8463622
Longitude
-80.2938497
581 27Th St, Hialeah, Florida

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581 27Th St
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