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.

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Property information

Property type

Commercial Sale

Year built

1964

Living area

6,000 Sq Ft

Lot size

6,000 Sq Ft

Price / Sq Ft

$447

Days on market

115

Parcel number

04-31-05-001-0020

Features

Heating

Central · Electric

Flooring

Ceramic Tile

Roof

Composition

Construction

Block

Sewer / Water

Public