9 photos
USD 856,000
2320 SW 56th Ter
West Park, Florida 33023
For Sale
Property Description
Industrial warehouse located in desirable West park, Florida consisting of 2,364 square feet of leasable space sitting on a 5,391 square feet lot. This building has a small office of 100 square feet, 2 drive Âin rollÂup doors and 11' ceilings. Desirable MÂ2 heavy manufacturing zoning which allows for most industrial uses including automotive.
This property is currently 100% leased. The current tenant is paying $2,500 for the warehouse and additional $1,200 for the lot. Gross annual income is $44,400, net is over $36,985 a year. This income provides an investor with a strong 5.1% capitalization rate. The tenant has a new 2 year lease.
Seller Financing available
Listed by RE/MAX 5 Star Realty
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Property Details
- ID #
- A11160714
- Status
- Sale
- Type
- Commercial, Industrial
- Zip Code
- 33023
- Year Built
- 1963
- Construction
- CBS Construction
- Occupancy
- Call Listing Agent
- Type of Building
- Heavy Manufacturing, Warehouse Space
- Utilities
- Internet
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Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.