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652 East 9th Street

Hialeah, FL

Listing Details

  • $199,999
  • MLS# A12023537
  • Type Commercial - Investment
  • Status Active
  • 1970
    Year Built

Description

Rare opportunity to own La Casa del Churrasco, an iconic Hialeah restaurant established in 1982 and operating continuously at the same 652 E 9th Street location for over four decades. This 5,700 sq ft turn-key restaurant includes all kitchen equipment, furniture, fixtures, and inventory in the sale ? walk in and operate from day one. Beer & Wine (4 COP) license in place. Gross lease at $15,000/month with landlord prepared to offer a new 3-year term to a qualified buyer (currently month-to-month). Significant upside: business historically ran 24/7 prior to COVID, with the night shift generating approximately $30,000/month in additional revenue... Read more that is not currently being captured. Approximately 22 employees in place, longstanding community recognition, and grandfathered approvals make for a smooth transition. Motivated seller. Financials available upon executed NDA and proof of funds. Showings by appointment only ? please do not disturb staff or customers. Contact listing agent for details.

Key Features

No amenity information available.

View All Features
652 East 9th Street
Hialeah, FL 33010
County
Miami-Dade

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Investment
  • Crops Included Y/N: No
  • Days on Site: 31
  • Flooring: Tile
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Parking: Common, Free Parking, Guest
  • Parking Notes: Common, Free Parking, Guest
  • Property Attached Y/N: No
  • Year Built: 1970