11101 NW 27th Ave - Restaurant FOR SALE


Miami, FL 33167
$2,100,000 USD
561-929-0111
11101 NW 27th Ave, Miami, FL for Sale
$2,100,000 USD
Restaurant - FOR SALE
1/30
null | Request Cap Rate

NEW


11101 NW 27th Ave
Miami, FL 33167


HIGHLIGHTS

  • Strategically Located Corner Lot
  • Fully Renovated Restaurant Space - New Everything
  • High Daily Traffic: 48,000 Vehicles
  • Proximity to Major Transit Routes
  • Versatile Commercial Zoning (NCUAD)
  • New Construction

OVERVIEW

Exceptional Investment Opportunity at 11101 NW 27 Avenue, Miami, FL 33167 Asking Price: $2,100,000 Dive into the bustling heart of Miami with this premier freestanding property offering, a fully renovated restaurant space ideally positioned on a strategic corner directly across from the Miami-Dade College North Campus. This location benefits from a high daily traffic count, with 48,000 vehicles passing daily, providing exceptional visibility and customer access. Property Details: Address: 11101 NW 27 Avenue, Miami, FL 33167 Type: Retail Restaurant Building Size: 2,185 square feet Land Size: 10,631 square feet (0.24 acres) Year Built: 1957 (completely renovated) Zoning: NCUAD (North Central Urban Area District) Parking: 16 spaces available, ensuring ample customer convenience Renovation Highlights: The property has undergone a comprehensive renovation, transforming every aspect from the commercial kitchen equipped with state-of-the-art appliances to the public and service areas, which now feature modern designs and high-quality finishes. The installation includes advanced lighting and sound systems, creating an inviting atmosphere suitable for a high-end restaurant or a bustling bar. Location Benefits: Situated near major infrastructural points like Opa-Locka Executive Airport, Florida Turnpike, I-95, and Gratigny Parkway, the property offers easy access and is highly convenient for both staff and patrons. The forthcoming Strategic Miami Area Rapid Transit (SMART) Program’s North Corridor expansion will further boost the property's accessibility, enhancing its long-term value and attractiveness. Potential Uses: The NCUAD zoning allows for a variety of commercial uses, including mixed-use projects, retail, office setups, restaurants, health care services, child care facilities, and entertainment venues. This flexibility makes it an excellent choice for investors looking to diversify their portfolio or businesses aiming to expand their operations. Investment Appeal: This property represents a rare opportunity to acquire a turnkey solution in one of Miami’s most desirable areas for commerce. The combination of modern facilities, strategic location, and multi-use zoning presents a lucrative scenario for potential owners. With its fully renovated state, the property is ready for immediate occupancy, allowing new owners to avoid the usual delays and expenses associated with fitting out a new business location. Whether you're an experienced restaurant owner, even a franchise seeking a property to acquire or looking to capitalize on Miami's dynamic market, or an investor seeking a property with strong growth potential, 11101 NW 27 Avenue offers a unique blend of strategic positioning, top-tier facilities, and versatile usage options. Contact Information: For more information or to schedule a viewing, please reach out to our sales team. We are excited to help you explore how this property can meet your commercial objectives and become a cornerstone of your investment portfolio.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$961 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

RootBeer Breakfast Bar / Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Convenience Store, Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

NCUAD

APN/PARCEL ID

30-2134-002-0560

ASK ABOUT THIS PROPERTY

Tom PrakasPrakas & CompanyMore Info
561-929-0111

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Tom PrakasPrakas & CompanyMore Info
561-929-0111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.