The Porosoff Group of Compass Commercial is proud to present 851 E 25th Street in Hialeah, Florida. The 24,000 SF (0.55 Acres) property has a 3,000 SF retail building which has historically been operated as a hardware store.
851 E 25th Street is located steps from the signalized intersection of Le Jeune Road (SR 953) and 25th Street, an intersection that sees traffic counts in excess of 34,000 vehicles per day on Le Jeune Road and over 27,500 vehicles per day on E 25th Street. The property is conveniently located nearby the Tri-Rail Metrorail Transfer Station and Amtrak station. The City of Hialeah has recently rezoned the surrounding industrial properties covering over 300 acres to a Transit Oriented Development plan (TOD) which has resulted in upgrading zoning classifications encouraging mixeduse development and adaptive re-use of existing buildings in the district. The City of Hialeah’s goal in the TOD zone is to create a 24-hour district where people can live, work, easily commute, and have entertainment options.
851 E 25th Street was originally built in 1940 and 1980 and consists of 3,002 net rentable square feet. The building sits on a 24,000 square foot mid-block lot with approximately 200 feet of frontage along E 25th Street. The subject property under TOD zoning is classified as “High Rise” where similar sites have been rezoned and site plan approved allowing between 150 and 200 dwelling units per acre in a building up to 10 stories. This is a prime development site with 1,000s of units coming on board over the next development cycle in the submarket of Hialeah.
851 E 25th Street is a rare opportunity to acquire a well-located infill site with flexible zoning on a gentrifying retail corridor with ample public transportation. A potential development of 851 E 25th Street could result in up to 110 buildable units with ground-floor retail.
↗ Build up to 110 apartment units
↗ Build as tall as ten stories
↗ 200 feet of frontage on 25th St/79th St
↗ Flexible zoning
↗ Transit-Oriented District
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