$265,000
$265,000
For more information regarding the value of a property, please contact us for a free consultation.
1223 Lincoln Rd Miami Beach, FL 33139
15,178 SqFt
Key Details
Sold Price $265,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 15,178 sqft
Price per Sqft $17
MLS Listing ID A11573975
Year Built 1925
Property Sub-Type Business
Property Description
Directly on Lincoln Rd, one of the best locations in the heart of South Beach! With the most affordable rent of Lincoln Rd and with well over a million dollars in gross revenues, this restaurant is a gem! Absentee Owner is affecting the net profit. As with all small businesses, some direct management would surely improve the Gross-to-Net ratio. Incredible location & restaurant. Pizzette has an impeccable reputation and is always busy. Perfect for an investor/manager who wants an established successful business, where he only has to run a professional administration. VERY RARE OPPORTUNITY TO OWN A FULLY REMODELED AND WELL ESTABLISHED SUCCESSFUL RESTAURANT IN MIAMI BEACH - Price is Firm! 8 year lease - 6 year before landlord resell option
Location
State FL
County Miami-dade
Area 32
Interior
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Acceptable Financing Cash
Listing Terms Cash
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Villejust Brokerage LLC
