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On US1 Full Service Restaurant F In Palmetto Bay Palmetto Bay, FL 33157

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This thriving full-service restaurant, located on US-1 in Palmetto Bay, Florida (zip code 33157), presents a unique investment opportunity. Priced at $200,000, this 2,000 square foot space is fully equipped and ready for immediate operation. The kitchen boasts two hoods and a walk-in cooler, ensuring efficient food preparation and storage. Grease traps are up-to-date, meeting all necessary health and safety regulations. Ample parking is available for patrons, enhancing convenience and accessibility. All necessary permits are currently in place, simplifying the transition for the new owner. This turnkey operation is situated in a high-traffic area along US-1, providing excellent visibility and potential for continued success. The property is categorized as retail, specifically a restaurant and bar, and is located in Miami-Dade County. The precise address is available upon request. This is an exceptional chance to acquire a profitable, established business with minimal start-up costs. The location's high visibility and convenient parking make it an attractive destination for customers. This opportunity is ideal for experienced restaurateurs seeking a ready-to-run establishment or investors looking for a strong return.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

On US1 Full Service Restaurant F In Palmetto Bay Palmetto Bay, FL 33157
Palmetto Bay metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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