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1401-1423 NW 23rd St 14,560 SF 75% Leased Industrial Building Miami, FL 33142 $5,150,000 ($353.71/SF)

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INVESTMENT HIGHLIGHTS

  • Central Allapattah
  • 4 Bay
  • Twin T Construction
  • 3 Phase

EXECUTIVE SUMMARY

1401 NW 23 Street represents an opportunity to acquire a 14,560 square foot building in Miami's emerging Allapattah neighborhood.
The building features 4 bays, 18' ceilings, 3 phase power, twin t construction, and 11'x14' roll-up doors.
50% occupied and entirely unencumbered by substantial lease term, the property can support a wide variety of industrial and commercial uses, providing flexibility for future development, owner-occupancy, and leasing strategies.
The site is located two linear blocks from the Rubell Museum, lending itself to continued industrial uses, adaptive reuse and ground up development. Walking distance to the Santa Clara Metrorail Station, 2 blocks from Hometown BBQ. 5 minutes to the sprawling Jackson/UM Health District, Wynwood & the Design District. 15 minute drive to Miami International Airport and the Port Of Miami.
Strategically located in a transitioning submarket, this property is ideal for users or investors seeking to capitalize on Allapattah’s continued growth and rising demand.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $5,150,000
Price Per SF $353.71
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class C
Lot Size 0.53 AC
Rentable Building Area 14,560 SF
No. Stories 1
Year Built 1982
Parking Ratio 1.03/1,000 SF
Clear Ceiling Height 18’8”
No. Drive In / Grade-Level Doors 4
Zoning D1 - Light Industrial

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - 1407
  • 3,620 SF
  • Industrial
  • Partial Build-Out
  • Now

Versatile Industrial Space

Space Size Space Use Condition Available
1st Fl - 1407 3,620 SF Industrial Partial Build-Out Now

1st Fl - 1407

Size
3,620 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

1st Fl - 1407

Size 3,620 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

Versatile Industrial Space

Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3126-044-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,290,145
  • Listing ID: 36850991

  • Date on Market: 7/21/2025

  • Last Updated:

  • Address: 1401-1423 NW 23rd St, Miami, FL 33142

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