0000 16Th St Hialeah, FL 33010
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.