8Th St Miami, FL 33144
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 0 8Th St
- Year built
- 1949
- Property type
- Retail properties
Description
This thriving 1,000 sq ft smoke shop in West Miami, FL, presents a unique investment opportunity. Located on busy SW 8th St, this business boasts a custom build-out, saving significant costs for any prospective owner. The asking price is $125,000, and includes all inventory, shelving, fixtures, and existing licenses. The current lease has approximately 1.5 years remaining, with a renewal option, offering low rent and expenses. The property features two separate back offices/storage spaces and a customer bathroom. The shopping center benefits from high traffic volume, enhanced by its location on SW 8th St and the presence of a successful neighboring Mexican restaurant. This sale is for the business only; no real estate is included. The building was constructed in 1949. This turnkey operation provides immediate income potential and a solid foundation for continued growth. The business is situated in Miami-Dade County, Florida, with a 33144 zip code. This is an exceptional chance to acquire a profitable, established business with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2933
- Latitude
- 25.7634
