651 NW 106th Street, Miami, FL

About this property

Rare free-standing industrial/flex opportunity in one of Miami-Dade's tightest, most supply-starved corridors. ±4,861 SF building on a 12,553 SF infill site with fenced yard and on-site parking (Sale is inclusive of adjacent parcel ID 30-2136-019-0160; additional 2,500 SF of land). Opportunity for a second and third floor of office space is available, and not included in the denoted SF size of the building. Home to the same thriving local business for roughly 50 years — a five-decade testament to the location's demand and staying power. The owner-occupant will vacate at closing, delivering the building free and clear for immediate owner-user occupancy or investor lease-up to market, with the established business also available for purchase separately for a turnkey option. Positioned on the NW 7th Avenue corridor, minutes to I-95, SR-112, Miami International Airport, and the urban core for premium last-mile access. Offered at $2,150,000 ($442/SF), below recent small-bay sales on a per-foot basis, with pro forma NNN income and a substantial land component anchoring the basis. SBA-eligible for qualified owner-users. Infill industrial land is effectively irreplaceable here, with prime exposure to I-95.