For Sale
$2,600,000

950 8Th StMiami, FL 33130

Prime Little Havana Restaurant, Vacant, Owner Financing.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 2,238 square foot restaurant space, located at 950 SW 8th St in Miami, Florida, presents a unique value-add opportunity. Situated in the heart of Calle Ocho, Little Havana, this property boasts a highly desirable retail location with significant foot traffic. Built in 1951, this single-story building sits on a 6,004 square foot lot and is zoned T6-8-O. The asking price is $2,600,000, translating to $1,161.75 per square foot. The property is currently vacant, offering a blank canvas for a new culinary venture. Benefitting from its prime location, the restaurant enjoys proximity to Brickell City Center (approximately one mile away) and serves a substantial population of 290,000 within a three-mile radius. Little Havana attracts an estimated three million tourists annually, providing a large potential customer base. On-site parking accommodates eight vehicles. The property is offered fee simple, with a NNN lease type. Owner financing is available. An adjacent property at 938 SW 8th Street is also available for purchase. This is a rare opportunity to own a piece of Miami's vibrant culinary scene.

Highlights

  • Second-generation restaurant space on Calle Ocho.
  • One mile from Brickell City Center.
  • Eight parking spaces.
  • Highly desirable retail location in Little Havana's Calle Ocho.
  • 3-mile radius population: 290,000; Little Havana receives approximately 3 million annual tourists.
  • Owner financing available.

Property Details for 950 8Th St

Property type
Retail properties, Restaurants
Square Feet
2,238 SF
Year Built
1951
Buildings
1
Stories
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.765980318968
Longitude
-80.210094176478
950 8Th St, Miami, Florida

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950 8Th St
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