South Miami Retail Building (2nd Gen Restaurant)

Highlights:

• Prime South Miami Location
• 6,384 SF Bldg., 10.700 SF Lot
• Two Equipped Restaurant Spaces
• End-User Opportunity
• Zoning: Specialty Retail - Hometown District Overlay
• Near Avalon Bay South Miami project and Transformative Sunset Place

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.

5840 SW 71 ST is located in downtown South Miami at the US-1 and 71 ST intersection. The property is situated in a bustling area with a high traffic count of 81,500 average daily traffic count (ADTC). Additionally, the location is within walking distance to the University of Miami, and many eateries and shops, making it a convenient and attractive destination for both residents and visitors. With its prime location and proximity to major transportation routes, this property offers an excellent opportunity for businesses looking to establish a presence in a dynamic and growing part of the city.

GAS