1623 Northwest 32nd Street

Miami, FL 33142

Listing ID: 214833

$1,800,000

For Sale

Property Type Industrial : Other Industrial
Lot Size Acres 0.279
Building Sq Ft 4,600
Building Price per Sq Ft $391.30
Land Sq Ft 12,150
Land Price per Sq Ft $148.15

1623 Northwest 32nd Street Miami, FL 33142 - main image

Description

Corner Operating Commercial Multi-Tenant with Development Potential. Located on Nw 17 ave, in the heart of vibrant hard-working Pequeño Santo Domingo, this site houses a successful Tire shop, Automotive & Electronics Shop, Restaurant, Beauty Salon, 2 apartments generating great income, which has been servicing the local neighborhood for decades. The 4,600 Sq.Ft building is on a 7,650 Sq.Ft corner lot, plus additional Lot 4,500 Sq.Ft facing 32 St on the back of building with favorable T-6-8-O zoning, permitting mixed use buildings of up to 8 stories, including retail, apartments, office, and more. Allapattah is a rapidly transitioning neighborhood 10 minutes from brickell, downtown, Wynwood, etc, which has several new exciting projects in the works which will fuel long term growth.

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		38,218	315,383	799,980
Population Median Age		39	39	40
Population by Age	0-9 Yrs	5061 (13%)	36086 (11%)	88900 (11%)
	10-19 Yrs	4307 (11%)	32178 (10%)	69601 (8%)
	20-29 Yrs	4925 (12%)	45598 (14%)	101449 (12%)
	30-39 Yrs	5676 (14%)	54268 (17%)	140471 (17%)
	40-49 Yrs	4862 (12%)	43042 (13%)	119041 (14%)
	50-59 Yrs	4889 (12%)	40830 (12%)	108791 (13%)
	60-69 Yrs	4241 (11%)	30586 (9%)	80703 (10%)
	70+ Yrs	4257 (11%)	32795 (10%)	91025 (11%)

Median HH Income		$27,948	$33,290	$48,157
Total Household Income	< 24K	5801 (45%)	47242 (40%)	96051 (30%)
	25-49K	3715 (29%)	29517 (25%)	66905 (21%)
	50-74K	1808 (14%)	17072 (14%)	47077 (14%)
	75-99K	709 (5%)	10018 (8%)	32579 (10%)
	100-199K	520 (4%)	10281 (8%)	46897 (14%)
	200K+	97 (0%)	3702 (3%)	29010 (9%)

Highest Education Level	No Diploma	8866	61546	114609
	Diploma or GED	9257	69362	148469
	Some College	3414	29834	76078
	Assoc. Degree	1819	15808	44251
	Bachelors Degree	2446	32621	122383
	Higher Degree	826	18884	96173

Total Housing Units		13,588	136,483	388,021
--Owner-Occupied		3,112	28,035	109,744
--Renter-Occupied		9,538	89,798	208,775
Owner-Occupied Values	< 100K	462	3743	9387
	100-199K	1083	6818	15832
	200-299K	910	7703	25085
	300-399K	313	4132	15838
	400-499K	109	1856	10869
	500K+	235	3783	32732

Total Working Age Population		30,475	259,644	666,891
In Work Force		17,443	158,114	428,245
Not In Work Force		13,033	101,531	238,646
Workforce Employed		16,280	146,892	403,960
Workforce Unemployed		1,148	11,163	23,940
Civlian Workforce		17,428	158,055	427,900
Military Workforce		14	58	345

Total Households		12,650	117,833	318,519
Family Households		7,967	64,780	172,277
Non-Family Households		4,683	53,053	146,242
Married Couple		3,998	34,171	106,112
Other Family		3,969	30,609	66,165
Married w/Child		1,608	12,888	38,793
Single Male w/Child		351	2,447	6,153
Single Female w/Child		1,445	10,734	21,699

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Florida	15,982,378	+18	18,801,310	+14	21,517,610	+13	24,340,457
Miami-Dade County	2,253,362	+11	2,496,435	+15	2,861,579	+11	3,190,242
Monroe County	79,589	-8	73,090	+1	74,004	0	74,301

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.