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Restaurant Space – Multi-Tenant in Miami, FL – Opportunity Zone with Outdoor Dining

Commercial Sale

Category: Restaurant / Bar / QSR Building

Price:$7,100,000

Location: Miami, FL

Year Built: 2017

Days on Market: 52

Description:

Positioned in the heart of South Miami, just off US-1 and near the University of Miami. This multi-tenant property features two fully equipped, second-generation restaurant spaces, each outfitted with complete kitchens, modern hood-vent systems, and walk-in coolers. An inviting outdoor courtyard enhances the appeal of open-air dining. Located within an Opportunity Zone, the property offers potential tax incentives, no on-site parking requirements, and extended operating hours until 4 AM, further increasing its versatility and attractiveness. Buyer to assume existing Ygrene loan. The property is zoned within the City of South Miami’s Specialty Retail - Hometown District Overlay, allowing for flexible use and future development opportunities.

Prime South Miami commercial site, near UM, 1.6 FAR, vibrant area, Opportunity Zone, 2 restaurants, outdoor dining

Listing Code: 1037231978