Property summary
This exceptional restaurant opportunity in Miami, Florida, is offered at a reduced price of $995,000. Located at 10 NE 27th Street in Miami-Dade County, zip code 33137, this established restaurant boasts a prime location in a vibrant and rapidly growing area, attracting both locals and tourists. Built in 1925, the property is categorized as retail, specifically a restaurant. The sale includes a substantial inventory valued at $560,000, ensuring a smooth transition for the new owner. The fully equipped kitchen is ready for immediate operation. A significant advantage is the inclusion of a Series 4COP, SFS type liquor license. This turnkey operation presents a unique opportunity to acquire a thriving business in a highly desirable Miami neighborhood. The property's coordinates are 25.8024828 latitude and -80.1947242 longitude. This is a rare chance to own a well-established restaurant with significant existing value, ready to generate income from day one. The asking price reflects the combined value of the real estate, equipment, inventory, and valuable liquor license.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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