Price Reduced 20.00%

$5,200,000

Est. Mortgage $26,982/mo *

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Price History

$4,990,000
6/2/2023

$6,500,000
2/29/2024

$5,200,000
4/24/2024

Extraordinary Opportunity: Thriving Italian Restaurant in Coconut Grove.This well-established establishment boasts an impressive gross revenue of over $5,000,000, with a remarkable profit margin of 27%. One of its many advantages is the remarkably low monthly rent making it an incredibly lucrative venture. Situated on a prestigious avenue in Coconut Grove, a luxurious and verdant neighborhood, the restaurant is surrounded by charming sidewalk cafes, trendy shops, and the bustling CocoWalk mall. Equipped with a state-of-the-art kitchen.Dedicated and trained staff is already in place, ensuring a smooth transition for the new owner. With 90 seats and a charming outdoor area .parking.qualify to na E2 visa or green card.

Status:

Active

Type:

Commercial

Days on Market:

473

MLS #:

A11397332

Community Info

School Info

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Listing courtesy of Beachfront Realty Inc Phone: 305-405-0615