2304 Ali Baba Ave Industriel/Logistique 235 m² 100 % Loué À vendre Opa Locka, FL 33054 683 587 € (2 907,18 €/m²)

Introducing a dynamic adaptive re-use opportunity positioned for growth & creativity in the Opa-locka sub-market. The Alpha Commercial Advisors is proud to present a unique value-add mixed-use asset with underlying industrial zoning, ideally situated along Opa-locka's main Ali Baba Avenue corridor.
Positioned for upside and versatility, the site consists of an 8-unit rooming house-style residential building in the rear and a street-fronting automotive garage--directly across from the area's well-established industrial district.
In need of renovation, the property is ideal for investors looking to unlock value through creative re-use, whether by reactivating the residential units as affordable housing, converting to storage, light industrial or office use, or removing the garage to create yard or parking space, the site offers multiple high-margin paths to transform and profit at a fraction of the acquisition cost.
A strategic Miami-Dade sub-market, Opa-locka is gaining traction amongst investors as a major transportation hub thanks to Miami-Opa-locka Executive Airport, Sri-Rail's Opa-locka Station, and direct access to I-95, The Florida Turnpike, and I-75.
Anchored by one of the area's largest Amazon fulfillment centers which alone employees over 1,500 people--the city is attracting both large-scale industrial users and private sector investment, further supported by Opa-locka's Downtown Master Plan which is aimed at encouraging business-friendly growth.
All-in-all, a compelling target for long-term multifamily investment and 1031 Exchange buyers seeking stability with upside. Seller financing available.