455 E 10th Ave, Hialeah FL 33010

Description

Positioned in the heart of Hialeah's industrial corridor, 455 E 10th Ave offers a rare opportunity to acquire a functional, well-maintained industrial asset with excellent connectivity to major transportation routes, Miami International Airport, Port Miami, and surrounding business demand. The ±20,983 SF building sits on a ±27,443 SF (0.79 acre) corner lot with three grade level doors, on site parking, and Light Industrial (7100) zoning. Supports a wide range of operational uses including warehousing, distribution, light manufacturing, and storage. Built in 1959, with 19 foot ceilings, 3 phase power, and 3 grade level doors. The property will be delivered vacant at closing. With a 40 year structural recertification recently completed and strong owner user or value add potential, the property is priced to align with the lower end of active comparable assets per building SF in this rapidly tightening submarket. The site also presents a compelling redevelopment opportunity, with the ability to build up to 50 residential units across up to 8 floors, making this an ideal target for developers and investors looking to capitalize on Hialeah's continued residential growth.