For Sale
$735,000

211 71St St Miami Beach, FL 33141

Established Business, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
136
King's Liquor Store, a thriving retail establishment in Miami Beach, Florida, presents a unique investment opportunity. This well-established business, operating successfully for 30 years, boasts a prime location at 211 71st Street, just one block from the beach and situated in a high-traffic area with a mix of residential and commercial properties. The property features a Tier 3 liquor license, offering the potential for conversion into a bar, significantly expanding revenue streams. The current lease has five years remaining, providing immediate income and stability. The sale includes the full inventory, ensuring a seamless transition for the new owner. Adding to the long-term potential, three new high-rise condo developments are under construction within a mile radius, promising increased foot traffic and customer base in the coming years. The store holds the distinction of being the only liquor store on the beach authorized to sell alcohol until midnight, providing a competitive advantage and extended operating hours. This turnkey business is ready for immediate operation and offers significant upside potential for a savvy investor. The asking price is $735,000. Showings are easy to arrange; contact for an appointment. The property is located in Miami-Dade County, Florida, zip code 33141.

Highlights

  • $735,000 asking price for a retail property.
  • Miami Beach, FL location at 211 71st Street, in a high-traffic area one block from the beach.
  • Established business (Kings Liquor Store) with a 30-year history and a Tier 3 liquor license.
  • Five years remaining on the lease, including full inventory.
  • Proximity to three new high-rise condo developments.
  • Authorized to sell alcohol until midnight.

Property Details for 211 71St St

Property type
Retail properties

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.8563192
Longitude
-80.1208091

FAQs

What type of property is this?
Retail property - Established Business, High Traffic Area
Where is the retail property located?
The property is located at 211 71St St Miami Beach, FL.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: $735,000 asking price for a retail property.; Miami Beach, FL location at 211 71st Street, in a high-traffic area one block from the beach.; Established business (Kings Liquor Store) with a 30-year history and a Tier 3 liquor license.
How can I contact the broker?
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211 71St St
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