Property summary
This exceptional turnkey restaurant opportunity is located in the vibrant Edgewater neighborhood of Miami, Florida, at 58 NE 14th Street, zip code 33132. Built in 2019, this well-established eatery is situated within the Art Plaza building and benefits from a high-density residential area, with approximately 3,000 living units within two blocks. The property's convenient location is just two blocks from the Performing Arts Center (PAC), ensuring consistent foot traffic and visibility. The restaurant boasts both indoor and outdoor dining areas, catering to a diverse clientele. All necessary permits and licenses are current, and the kitchen equipment, including the hood and grease trap, are in excellent condition. The asking price for this fully equipped and operational restaurant is $775,000. This presents a rare chance to acquire a thriving business in a prime location with significant growth potential. The property is classified as retail, specifically a restaurant, and offers a seamless transition for a new owner. The property's strong performance since its opening in 2019 speaks to its established customer base and the desirability of its location.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Florist
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Grocery & Convenience Store Specialty Food Shop
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(Bike/Boat/Book/etc) Store
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Limousine Service
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Charitable Organization Social Service Agency
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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