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$ 100,000
Est. payment /mo
Price Dropped by $250K
Miracle Mile- RESTAURANT FOR SALE Coral Gables, FL 33134
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID A11141314
HOA Y/N No
Property Description
LUXURY CORAL GABLES Restaurant Business FOR LEASE. This is a rare opportunity to lease a fully built-out flagship restaurant in the heart of Miracle Mile, one of Coral Gables' most prestigious dining corridors. The space was originally developed at a cost of approximately $2.6 million and was previously offered for sale for $2 million. It is now available directly from the landlord for $100,000 in key money, allowing a new operator to launch a concept at a fraction of the original investment. The restaurant is being offered fully equipped from the kitchen to the dining room with 201 seating. Lounge seating bar & outdoor covered dining area. Rent Level: Approximately 30% below market compared to nearby Miracle Mile restaurant spacesEasy to show.
Location
State FL
County Miami-dade
Area 41
Direction From US-1 (South Dixie Highway), head east on Miracle Mile toward downtown Coral Gables. Continue past Ponce de Leon Blvd; the property will be located on Miracle Mile in the heart of Coral Gables
Interior
Flooring Ceramic Tile
Exterior
Total Parking Spaces 10
Private Pool Yes
Others
Ownership Partnership
Acceptable Financing Cash
Listing Terms Cash
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Listed by The Keyes Company