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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0000 16Th St Hialeah, FL 33010

2,927 SF Built 1954
Property ID
Property summary
AI-generated overview

This exceptional turnkey opportunity presents a well-established bar and restaurant located at 0000 E 16th St, Hialeah, FL 33010, in Miami-Dade County. The 2,927 square foot property, built in 1954, sits on a single story building and is currently operating under a lease. The asking price is $425,000. This single-unit establishment boasts a seating capacity of 260, encompassing indoor dining, a lounge area, and outdoor seating. The business is licensed for full liquor service and includes a recently updated grease trap, both of which are transferable to the new owner. A catering/to-go license issued by the City is also included. The property enjoys a high-traffic location with excellent visibility and accessibility, along with ample parking for both customers and staff. The sale includes most of the furniture, fixtures, and equipment (FF&E), encompassing kitchen equipment, refrigerators, ovens, stoves, grills, and point-of-sale (POS) systems. The current lease offers a low rent, particularly favorable for the area, with options for renewal. The established brand, operating since the 1950s, is also available for purchase at an additional cost. The business has been a neighborhood staple for years, with the current ownership spanning six years. Showings are by appointment only

Property profile
Verified
Property type Retail properties & Spaces
Year built 1954
Total area 2,927 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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