Second generation restaurant space facing Ponce de Leon in Coral Gables CBD. NDA is required to visit. Buyer must be an experienced restaurant operator with existing locations to be approved by Landlord. Lease assignment upon Landlord’s approval. Restaurant

2628 PONCE DE LEON BLVD, Coral Gables

$210,000 USD
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Address2628 PONCE DE LEON BLVD, Coral Gables
Building NameConfidential
Type of PropertyCommercial Condo, Restaurant, Retail
Business LocationCentral Business District,City Location
Property StyleFood & Beverage, Restaurant, Retail
Price$210,000
Previous Price$175,000 (46 days ago)
Property StatusActive
MLS NumberA10793678
Year Built1948
Folio Number00-00-00-000-2411
Zoning Information6400
Days on Market56

Detailed Description: Second generation restaurant space facing Ponce de Leon in Coral Gables CBD. NDA is required to visit. Buyer must be an experienced restaurant operator with existing locations to be approved by Landlord. Lease assignment upon Landlord’s approval. Restaurant was completely remodeled and has been in business for over 2 years. Existing owner is retiring. Full liquor license in place. Business has stable income and covers expenses. It has potential to increase revenue. The restaurant space has + / – 80 seat capacity and a great outdoor terrace for an additional + / – 40 seats. Current rent is approx $10,000 per month. Steps away Miracle Mile, Bulla Restaurant, Cheesecake Factory and the new Lowe’s hotel. Great demographics and strong daytime employment.

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Address Information
StateFlorida
CityCoral Gables
CountyMiami-Dade County
Zip Code33134
Address2628 PONCE DE LEON BLVD
Business LocationCentral Business District,City Location
Section17
Financial Information
Price$210,000
Previous Price$175,000
Folio Number00-00-00-000-2411
Tax Year2019
Possession InformationFunding
Full Descriptions
Detailed DescriptionSecond generation restaurant space facing Ponce de Leon in Coral Gables CBD. NDA is required to visit. Buyer must be an experienced restaurant operator with existing locations to be approved by Landlord. Lease assignment upon Landlord’s approval. Restaurant was completely remodeled and has been in business for over 2 years. Existing owner is retiring. Full liquor license in place. Business has stable income and covers expenses. It has potential to increase revenue. The restaurant space has + / – 80 seat capacity and a great outdoor terrace for an additional + / – 40 seats. Current rent is approx $10,000 per month. Steps away Miracle Mile, Bulla Restaurant, Cheesecake Factory and the new Lowe’s hotel. Great demographics and strong daytime employment.
How to ReachAddress and name to be provided upon execution of NDA.
Parking DescriptionOn Street
Property parameters
Zoning Information6400
Year Built1948
Type of PropertyCommercial Condo, Restaurant, Retail
StyleFood & Beverage, Restaurant, Retail
Building NameConfidential
Listed withFortune International Realty