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$100,000
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Property Description
Rare opportunity to purchase turnkey restaurant & lounge. Restaurant is licensed for 260 seats between dining, lounge & outdoors. Has been a staple in the neighborhood for years, current ownership for 6 years. Has full liquor, updated grease trap, both transferrable. Has a catering/to go license with City. Prime area in Hialeah, heavily trafficked street, great visibility and access for customers. Plenty of parking for customers & employees. Kitchen equipment, refrigerators, ovens, stoves, grills, POS systems, most of the FF&E are included. This is a great turn-key opportunity for any operator. Lease has a low rent, especially for the area, and renewals. The name brand has been operating since 1950s, can be included for smooth turnover. Do not disturb employees, tours must be scheduled.
Full Property Details
Full Property Details for MLS# A11732712
General
- Sold For: $100,000
- Taxes: $16,413 (2023)
- Status: Closed
- Type: Business
- Source: Greater_Miami
- MLS ID: A11732712
- Added to Site: 354 day(s) ago
Business
- Business Type: Bar/Lounge Only, Restaurant, Bar/Tavern/Lounge
- Year Established: 70
Interior
- Flooring: Concrete, Tile
Additional Information
- Security/Safety: Security System
Parking
- Total Spaces: 30
- Parking Features: Assigned, Shared Parking, On Street
Location
- County: Miami-Dade County
- Driving Directions: Address and name provided only after Confidentiality Disclosure Agreement is signed and emailed, please see Broker remarks.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C
- Heating Type: Central Building A/C
Structural Information
- Structure Type: Commercial, Free Standing, Restaurant
- Detached/Attached: Detached
- Year Built: 1954
- Other Struct. Feat.: Cocktail Lounge, Heavy Traffic, Kitchen Facilities, Restaurant
Lot Features
- Lot Features: City Location, Corner Unit, Corner Lot
- Potential Use: Unknown/Withheld
- Zoning: 7100
Financial Considerations
- Insurance Fee: $7,000
- Tax Amount: $16,413
- Tax Year: 2023
- Terms: All Cash
Disclosures and Reports
- Ownership: Corporation
- Documents Avail.: Books & Records, Financial Statement, Inventory, Copy Of Lease(S), Photos
- Legal Description: KNIGHTS PARK PB 34-18 W125FT OF S85FT TR 3 & W125FT OF N45FT TR 4 BLK 5 LOT SIZE 16250 SQUARE FEET OR 11695-22 0283 1 COC 24500-4012 03 2006
- Inclusions: Equipment, Furniture/Fixtures, Leases, License, Business Only, Other Sale Includes
- Property ID: 04-31-17-016-0250
Listed and Sold by PB Restaurant Partners
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Price & Sales History for MLS# A11732712
Date
Details
Price
Change
Source
8/22/2025
Sold
$100,000
-33.33%
MLS
5/06/2025
Price Increased
$150,000
25%
MLS
4/07/2025
Price Reduced
$120,000
-59.32%
MLS
1/27/2025
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# A11732712, Hialeah, FL 33010 (MLS# A11732712) is a Business property that was sold at $100,000 on August 22, 2025. Want to learn more about MLS# A11732712? Do you have questions about finding other Business real estate for sale in Hialeah? You can browse all Hialeah real estate or contact a Coldwell Banker agent to request more information.

