Property Details for 211 71St St

Property type

Retail properties & Spaces

Description

King's Liquor Store, a thriving retail establishment in Miami Beach, Florida, presents a unique investment opportunity. This well-established business, operating successfully for 30 years, boasts a prime location at 211 71st Street, just one block from the beach and situated in a high-traffic area with a mix of residential and commercial properties. The property features a Tier 3 liquor license, offering the potential for conversion into a bar, significantly expanding revenue streams. The current lease has five years remaining, providing immediate income and stability. The sale includes the full inventory, ensuring a seamless transition for the new owner. Adding to the long-term potential, three new high-rise condo developments are under construction within a mile radius, promising increased foot traffic and customer base in the coming years. The store holds the distinction of being the only liquor store on the beach authorized to sell alcohol until midnight, providing a competitive advantage and extended operating hours. This turnkey business is ready for immediate operation and offers significant upside potential for a savvy investor. The asking price is $735,000. Showings are easy to arrange; contact for an appointment. The property is located in Miami-Dade County, Florida, zip code 33141.

Location Insight

City

Miami Beach

County

Miami-Dade

State

Florida

Longitude

-80.1208

Latitude

25.8563