1890 108th

Description

Prime Income-Generating Commercial Parking Lot – Sweetwater, MiamiWe present an exceptional opportunity in the heart of Sweetwater: a prime industrial vacant lot combined with a fully operational income-producing parking business in a top commercial location. With over 30 years of successful operation, this business offers steady income and can be expanded up to 50 spaces. Each space rents for approximately $300 to $400 per month, delivering reliable cash flow with a 6% CAP rate. The 18,062 SF (0.4146 acres) lot is fully paved and equipped with water, electricity, and sewer. The property is fully permitted and licensed. Additionally, the land is approved for the development of a two-story commercial building. Zoned 7100 – Industrial / Light Manufacturing, it is designated exclusively for commercial and industrial use. The sale includes both the parking lot and land, offering a rare chance for immediate income and future development. Ideal for investors seeking strong redevelopment potential in the high-demand Sweetwater industrial corridor. Seller financing available with attractive terms.