For Sale
$1,700,000

667 Lincoln RdMiami Beach, FL 33139

Profitable Turn-Key Restaurant, High Foot Traffic

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional restaurant opportunity is located at 667 Lincoln Road #667, Miami Beach, Florida, 33139. Built in 1935, this single-building retail property is listed at $1,700,000 and offers potential seller financing. The property boasts a prime location on Lincoln Road, benefiting from over 11 million annual visitors. Currently operating as a profitable pizza/Italian restaurant, it features a 2COP (Beer & Wine) license and additional untapped revenue streams. Recent investments exceeding $200,000 include new tables, chairs, umbrellas, a $40,000 pizza oven, and completely updated kitchen equipment, refrigerators, and freezers. The new owner can seamlessly continue the existing successful operation or implement a new concept, capitalizing on the high foot traffic and established location in the heart of South Beach. This is a truly unique opportunity to acquire a thriving business in one of Miami Beach's most desirable locations. The property's strong financial performance and recent upgrades present a compelling investment proposition with significant upside potential.

Highlights

  • $1,700,000 asking price for a profitable, turn-key restaurant.
  • Located on Lincoln Road in Miami Beach, FL, a high-traffic area.
  • Features a 2COP (Beer & Wine) license and additional revenue streams.
  • Recently renovated with over $200,000 in improvements, including new kitchen equipment.
  • 1935-built, single-building retail property.

Property Details for 667 Lincoln Rd

Property type
Retail properties, Restaurants
Year Built
1935
Buildings
1

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.7907688
Longitude
-80.1354475
667 Lincoln Rd, Miami Beach, Florida

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667 Lincoln Rd
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