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Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 4,790 sqft
Price per Sqft $208
MLS Listing ID A10758057
Sold Date 04/30/20
HOA Y/N No
Year Built 1953
Annual Tax Amount $10,613
Lot Size 0.310 Acres
Property Sub-Type Retail
Property Description
GREAT SHOPPING CENTER IN A BUSY LOCATION OF HIALEAH! NOI IS 93K. CURRENTLY ABOUT 6.5% CAP BUT RENTS ARE VERY LOW AS THEY HAVE BEEN THERE FOR MANY YEARS. 7 SPACES AND 6 ARE RENTED. THERE IS 9% CAP POSSIBILITY WITH RENT INCREASES AND FILLING ONE VACANCY. ALL LEASES ARE EXPIRING THIS MONTH SO ITS A PERFECT TIME TO BUY IT! 8. PLENTY OF PARKING!
Location
State FL
County Miami-dade County
Area 31
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Roof Type Concrete
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Structure Type Block
Others
Tax ID 04-31-18-003-5540
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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