Warehouse with Established Food Business

6894 Nw 32nd Ave, Miami, FL

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For Sale

Contact for pricing

12,906 SF warehouse with freezers and established food business.

Type:INDUSTRIAL

Property size:

12,906 SF

Lot size:

0.44 Acres

Price / SF:

$302/SF

HighLights

Profitable, established (50 years) dry and frozen food institutional sales business included.
Large 12,906sf warehouse with 2 large freezers.
Owner financing available on the business portion (with strong down payment).
Located on a large 18,212sf corner lot.
Includes dry and frozen food business.
Institutional sales business.

We can help!

Listing Contact

Ray Betancourt

For Sale

Contact for pricing

12,906 SF warehouse with freezers and established food business.

Type:INDUSTRIAL

Property size:

12,906 SF

Lot size:

0.44 Acres

Price / SF:

$302/SF

Added:: Jan 31, 2025
Days on Market:: 494
Last Refresh:: May 20 at 8:04 pm

Property Features for 6894 Nw 32nd Ave

General Information

Standard status: Active
Size: 12,906 SF
Lot size: 0.44 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Ray Betancourt

Listing agent Ray Betancourt

Listing office The Keyes Company Commercial - Corporate

Listing date Jan 31, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company Commercial - Corporate

HighLights

Profitable, established (50 years) dry and frozen food institutional sales business included.
Large 12,906sf warehouse with 2 large freezers.
Owner financing available on the business portion (with strong down payment).
Located on a large 18,212sf corner lot.
Includes dry and frozen food business.
Institutional sales business.

Overview

This property features a 12,906-square-foot warehouse situated on an 18,212-square-foot corner lot. The warehouse includes two large freezers. It houses a profitable, dry and frozen food institutional sales business that has been established for 50 years. The sale is "As Is".

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$260.2k	$20.16
− Vacancy	−$12.5k	−$0.97
EGI	$247.7k	$19.19
− OpEx	−$37.2k	−$2.88
NOI	$210.5k	$16.31

12,906 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$3.01M

$2.63M – $3.51M (±1% cap)

NOI $210,542 @ 7.0% cap · market cap 5.40%

Second Best

Industrial

$2.48M

$2.17M – $2.89M (±1% cap)

NOI $173,387 @ 7.0% cap · market cap 4.45%

Theoretical Best

Specialty Retail

$8.71M

$7.62M – $10.16M (±1% cap)

NOI $609,814 @ 7.0% cap · market cap 15.64%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Sunset Foods Big Box & Wholesale Store Prawn Seafoods Inc Take-out & Catering

Suggested Use

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Santos Mudanza — 3130 NW 58th St, Miami, FL 33142
CarSafe Storage — 595 E 10th Ave, Hialeah, FL 33010
Amerikooler Inc — 575 E 10th Ave, Hialeah, FL 33010
Archive America — 3455 NW 54th St, Miami, FL 33142

Location Insight

Map
Local Demand

City: Miami
County: Miami-Dade
State: Florida
Longitude: -80.2498
Latitude: 25.8358

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For sale
Warehouses
FL
Miami
6894 Nw 32nd Ave

What type of property is this?

Warehouse - 12,906 SF warehouse with freezers and established food business.

Where is this warehouse located?

The property is located at 6894 Nw 32nd Ave Miami, FL.

What is the asking price?

The asking price for this property is $3,900,000.

What are key features of this property?

This property features: Profitable, established (50 years) dry and frozen food institutional sales business included.; Large 12,906sf warehouse with 2 large freezers.; Owner financing available on the business portion (with strong down payment).

6894 Nw 32nd Ave, Miami, FL

12,906 SF warehouse with freezers and established food business.

Property Features for 6894 Nw 32nd Ave

General Information

We can help!

HighLights

Overview

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Miami Mixed-Use Investment Opportunity

Miami Office Buildings with Redevelopment Potential

Established Automotive Business on Calle 8

Prime Westchester Commercial Property

Updated Two-Story Miami Office Building

Miami Riverfront Mixed-Use Opportunity

Miami Commercial Building For Sale

Miami Warehouse Condo For Sale

Miami Commercial Corner Lot Opportunity

Freestanding Commercial Building on 8th

Miami River Commercial Opportunity

Operating Supermarket on High-Traffic Corner

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