Miami, FL 33186 — MLS photo

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Miami, FL 33186

Active · Business

$180,000

Miami, FL 33186

Beds
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Baths
0
Living area
— sq ft
$ / sq ft
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Lot size
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HOA fee
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Annual tax
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About this property

Opportunity to own a well established colombian restaurant operating for more than 6 years with excellent clientele in Kendall area. Open daily ! Additionally, this restaurant provides catering services for celebrations and events. Sale includes: A/C unit (2 yrs), 2 industrial fryers, 1 griddle and 1 industrial grill, 6-burner stove with oven, 2 refrigerators, 1 industrial freezer, soda refrigerator, 1 small freezer, 2 microwaves, 6-foot hood, 3- compartment grease trap. Tables and chairs for approximately 50 people. Outdoor terrace at the back with capacity for 16 additional people. Lease remaining 5 years, includes maintenance, waste, exterior maintenance and taxes.

Property location

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Miami, FL 33186

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Business

Parking

Covered spaces
0
Parking features
Common

HOA, Community & Financials

County
Miami-Dade
Days on market
3
MLS listing ID
A11904390
Listing status
Active

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Estimated monthly cash flow

-$352

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$853/mo
Down payment
$45,000
Loan amount
$135,000
Annual NOI
$6,012

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.