4
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$990,000
Est. payment /mo
Price Dropped by $310K
Confidential Coconut Grove, FL 33133
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID A12037938
HOA Y/N No
Property Description
Established New York Style Pizza Restaurant strategically located in Coconut Grove, Miami-Dade County, Florida. This turnkey operation represents a prime investment opportunity in the thriving pizza restaurant sector, featuring a completely renovated facility with contemporary buildout and comprehensive equipment package.
The restaurant operates with a fully equipped kitchen featuring new commercial-grade appliances, fixtures, and furniture throughout the establishment. All equipment and furnishings are included in the acquisition, providing immediate operational capability for the incoming owner.
The business benefits from a newly executed 10-year lease with 5-year renewal option at approximately $10,300 monthly including CAM, secured for the current term. This favorable lease structure provides operational stability and predictable occupancy costs in the desirable Coconut Grove market.
Key Investment Highlights:
- Fully operational restaurant with established customer base
- Complete new buildout with modern fixtures and equipment
- Prime Coconut Grove location with high foot traffic potential
- Comprehensive equipment package included in sale
- Favorable long-term lease agreement in place
- Turnkey operation ready for immediate ownership transition
Qualified buyers may request detailed financial information and operational documentation through the listing agent following execution of appropriate confidentiality agreements
The restaurant operates with a fully equipped kitchen featuring new commercial-grade appliances, fixtures, and furniture throughout the establishment. All equipment and furnishings are included in the acquisition, providing immediate operational capability for the incoming owner.
The business benefits from a newly executed 10-year lease with 5-year renewal option at approximately $10,300 monthly including CAM, secured for the current term. This favorable lease structure provides operational stability and predictable occupancy costs in the desirable Coconut Grove market.
Key Investment Highlights:
- Fully operational restaurant with established customer base
- Complete new buildout with modern fixtures and equipment
- Prime Coconut Grove location with high foot traffic potential
- Comprehensive equipment package included in sale
- Favorable long-term lease agreement in place
- Turnkey operation ready for immediate ownership transition
Qualified buyers may request detailed financial information and operational documentation through the listing agent following execution of appropriate confidentiality agreements
Location
State FL
County Miami-dade
Area 41
Zoning 1111 STORE : RETAIL
Exterior
Private Pool Yes
Others
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12037938
Listed by SFRMC Realty