Established Smoke Lounge
New
For Sale
$575,000
Miami, FL 33127, Miami, FL 33127
Business Opportunity, Miami, FL
Property Size3,000 SF
Price / SF$191.67
Days on Market7
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Security features
Security
Directions
In the heart of Wynwood
Subdivision
31
Standard status
Active
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Listing Agency:
U.S.A. Lending & Realty, Inc.
(305) 967-7200
Listed By:
Zena Bardawell · License #0692881
(305) 796-3933
Added: Aug 19
Last Checked: Aug 25 at 1:06AM
MLS# A11990324
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Established smoke lounge business operating in Miami’s Wynwood area for 10 years. The approximately 3,000-square-foot venue operates from 6 PM to 2 AM and is configured for hookah service. The business is currently run with an absentee ownership structure and includes central air conditioning, electric and central heating, public water, and public sewer service.
An adjacent party has submitted a written offer to lease approximately 300 square feet for storage, creating a documented potential expansion of the premises’ use. The property information also identifies hookah profit margins of 80% or more and indicates that the business is not being fully utilized under its current operating structure.
An adjacent party has submitted a written offer to lease approximately 300 square feet for storage, creating a documented potential expansion of the premises’ use. The property information also identifies hookah profit margins of 80% or more and indicates that the business is not being fully utilized under its current operating structure.
Key Highlights
- 10‑year established smoke lounge business in Wynwood
- Approximately 3,000 SF operating venue
- Open daily from 6 PM to 2 AM
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,592
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Operating hookah venue with central air, public water, and public sewer service.
Where is this bar & pub located?
The property is located at Miami, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 10‑year established smoke lounge business in Wynwood; Approximately 3,000 SF operating venue; Open daily from 6 PM to 2 AM
