366 Miracle Mile - Restaurant FOR SALE


Coral Gables, FL 33134- Crafts
$3,000,000 USD
239-877-2040
366 Miracle Mile, Coral Gables, FL for Sale
$3,000,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

366 Miracle Mile
Coral Gables, FL 33134
Crafts


HIGHLIGHTS

  • Well located on pedestrian friendly Miracle Mile in Coral Gables.
  • Permitted patio seating.
  • Adjacent to a city parking garage.
  • Built out, 2nd generation restaurant space with existing FF&E in place.

OVERVIEW

This is a prime, single-tenant real estate investment on the pedestrian friendly Miracle Mile in Coral Gables. This space is vacant and in turn key condition with a beautiful second generation restaurant cafe and bakery buildout. Suitable for conversion to other retail uses this is an appealing opportunity for both owner occupants and investors. As Miracle Mile serves as the retail core to Coral Gables and greater Miami area there is continued appreciation opportunities through the competitive rental rates. Patio seating for dining on the mile is permitted with application to the city. A rear alleyway provides delivery access and the property is directly adjacent to a city parking garage.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$1,092 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

366 Miracle Mile

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

CB, Miami

APN/PARCEL ID

03-4117-005-0040

ASK ABOUT THIS PROPERTY

Matthew SlaughterPremiere Plus RealtyMore Info
239-877-2040

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Matthew SlaughterPremiere Plus RealtyMore Info
239-877-2040

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