Great opportunity to acquire 4 ground-level commercial/retail spaces totaling over 7,800 sq. ft. with a yearly NET Revenue of $216,000, operating as a grocery store and a restaurant/bar. Situated along Washington Ave, in a corner lot that is just steps to the beach and Lincoln Road. The hotel units located above these retail spaces also for sale under separate listing (33 out of 42 units, fully equipped studios with no rental restrictions). Acquire both listings and become the majority-owner of the building. Ideal opportunity for hotel operators, developers or to enhance a short-term rental portfolio. Review listing attachments, and please DO NOT disturb the businesses onsite.
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Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.
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