0 8Th St Miami, FL 33144
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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