Commercial property in Miami, Florida № 2032494

Commercial property in Miami, Florida № 2032494
ID2032494 $ 5 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2032494

Property description

Freestanding two-level commercial building located along Coral Way, a major east-west corridor connecting Coral Gables, Brickell, Coconut Grove, and Downtown Miami. The approximately 7,200± SF property offers excellent visibility, strong street frontage, and prominent signage opportunities. Previously operated as a restaurant and entertainment venue, the building features a flexible high-capacity layout with multiple bar areas, commercial kitchen infrastructure, professional hood system, and upper-level dining and event spaces. Approved occupancy for approximately 217 seats with eligibility for 4COP SFS liquor licensing. The property includes substantial existing commercial infrastructure, with significant prior investment in kitchen systems, lighting, sound equipment, and build-out components designed to support high-capacity hospitality operations. This renovated standalone structure is suitable for a restaurant, hospitality, entertainment, retail, showroom, or adaptive commercial uses.
Investment potential includes owner-user occupancy, repositioning, or leasing in a high-demand urban corridor with limited freestanding inventory. The seller may consider owner financing for qualified buyers.
MLS #: A11971140
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CityMiami
Address3138 Coral Way, Miami FL 33145
TypeCommercial property
Completion dateIV quarter, 1950
Price
  • Price
  • per m²
$ 5 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £