204-208 1St St, Miami, FL 33132
This exceptional opportunity presents a fully equipped restaurant and bar space located in the vibrant heart of Downtown Miami, at 204-208 NE 1ST Street, Miami, FL 33132. Priced aggressively at $140,000, this property offers a rare chance to acquire a turnkey operation in a high-demand area experiencing low inventory. The sale includes all existing equipment, making for a seamless transition. While the current business name, "BANH MI BABY," is not included in the sale, the existing lease will be transferred to the new owner, providing immediate operational continuity. Situated in Miami-Dade County, this retail space benefits from its prime location within Downtown Miami's burgeoning culinary scene. The property's address is 204-208 NE 1ST Street, with coordinates 25.7700009 latitude and -80.1679758 longitude. Given the attractive price point and high demand, multiple offers are anticipated. Serious inquiries should act swiftly to secure this exceptional investment opportunity. This is an "as-is" sale.
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.