Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Withheld
- Year built
- 1957
- Property type
- Retail properties & Spaces
Description
This fully operational restaurant in North Miami, Florida, is available for $725,000. Built in 1957 and boasting significant recent improvements, this turnkey business includes all fixtures, furniture, and equipment (FF&E). Approximately $342,000 in renovations were completed in 2022. The restaurant benefits from a highly visible location on a busy thoroughfare within a strong demographic area. The current lease is significantly below market rate, offering substantial upside potential. The landlord is open to considering alternative business concepts. The current ownership is local, and the head chef is willing to remain for a negotiated transition period post-sale. A confidentiality agreement is required before providing the exact address and further details. This presents a unique opportunity for a savvy investor to acquire a profitable, established business with significant growth potential. The property is located in Miami-Dade County, Florida, zip code 33181.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1484
- Latitude
- 25.9004
