16
See all 16 photos
$3,800,000
Est. payment /mo
11,040 SqFt
Active Under Contract
7290 SW 42nd Ter Miami, FL 33155
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UPDATED:
11/05/2024 06:03 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 11,040 sqft
Price per Sqft $344
MLS Listing ID A11673644
HOA Y/N No
Year Built 1966
Annual Tax Amount $27,526
Contingent Pending Inspections
Lot Size 0.421 Acres
Property Description
Incredible opportunity to secure a generational asset in the desirable Bird Road Warehouse District. The warehouse spans 11,040+\- sq. ft. including a mix of office & storage areas in each bay. The property sits on an 18,360 sq.ft. corner lot. with ample parking, easy truck access and has a straight shot to and from Bird Rd. Quick access to 826 and a short drive to MIA.
The warehouse is currently occupied by a single long-term tenant at below market rate, but is more or less demised into 4 equal bays of 2,760+/- sq.ft. each providing a premium multi-tenant opportunity in the future. Each bay has one 10’x11’ overhead door except the westernmost bay which has two 10’x14’ overhead doors.
Do not disturb tenant. Tenant lease runs through February 2026. Contract subject to court approval.
The warehouse is currently occupied by a single long-term tenant at below market rate, but is more or less demised into 4 equal bays of 2,760+/- sq.ft. each providing a premium multi-tenant opportunity in the future. Each bay has one 10’x11’ overhead door except the westernmost bay which has two 10’x14’ overhead doors.
Do not disturb tenant. Tenant lease runs through February 2026. Contract subject to court approval.
Location
State FL
County Miami-dade
Area 40
Exterior
Total Parking Spaces 12
Building
Story 1
Level or Stories One
Others
Tax ID 30-40-23-017-0190
Listed by Coldwell Banker Realty
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