161 29th St Hialeah, FL 33012
- Retail residential properties
- 8,474 SF
- 0.22 lot acres
Sep 08, 2020
Current Use by Public Records
- Retail residential properties
Property Details for 161 29th St
- Year built
- 1970
- Construction
- CONCRETE
- Lot size
- 0.22 lot acres
- Property size
- 8,474 SF
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Retail residential properties
- APN
- 04-3107-006-2650
- APU
- 431070062650
Description
This thriving convenience store, located at 161 W 29th Street in Hialeah, Florida (zip code 33012), presents a compelling investment opportunity. Priced at $115,000, this retail property boasts approximately 5,000 square feet of space, offering significant potential for expansion and added services. The current lease has four years remaining, with a valuable option for an additional five-year term, providing long-term stability for the investor. The property features convenient on-site parking, with seven spaces directly in front of the store, ensuring easy access for customers. Additional storage space is located at the rear of the building, enhancing operational efficiency. Situated in a bustling Hialeah neighborhood, this well-established convenience store benefits from high foot traffic and a strong customer base. This is an excellent chance to acquire a profitable, established business with significant growth potential in a prime location within Miami-Dade County. The property's size and lease terms make it an attractive investment for both seasoned and new entrepreneurs seeking a foothold in the thriving South Florida market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hialeah
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2856
- Latitude
- 25.8485
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
