Commercial property in Hialeah, Florida № 2153988

Commercial property in Hialeah, Florida № 2153988
ID2153988 $ 2 680 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2153988

Property description

A rare opportunity to acquire a landmark commercial property that is being offered for sale for the first time in more than 30 years. Located on highly traveled E 8th Avenue in Hialeah, this exceptional asset occupies a prime position along one of the city's most active commercial corridors, benefiting from outstanding visibility, heavy daily traffic, and strong consumer exposure. Strategically situated next to major national retailers such as Checkers and Pollo Tropical, the property enjoys excellent accessibility and a prominent presence on a main thoroughfare serving both local and regional traffic The property features approximately 3,842 SF of existing building area situated on a 6,000 SF lot, offering immediate income producing potential while planning for future development. Investors have the opportunity to continue collecting rental income from the existing structure while pursuing redevelopment approvals With significant redevelopment potential, the site may allow for construction of up to five stories (subject to verification with the City of Hialeah and applicable zoning regulations), making it an attractive opportunity for developers, investors, and owner-users seeking long-term value appreciation.
MLS #: A12027674
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CityHialeah
Address4851 E 8th Ave, Hialeah FL 33013
TypeCommercial property
Completion dateIV quarter, 1964
Price
  • Price
  • per m²
$ 2 680 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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