Prime Opportunity to acquire a turn-key restaurant and parking lot at an affordable price point. The property is located in Medley, a business oriented community home to over 1,800 businesses and a multitude of residents. This property is ideal for a restaurant user who is looking for a location with high traffic volume. The property has frontage on River Drive as well as frontage on the river adjacent to Okeechobee Road, which gives the property excellent signage potential. Okeechobee Road sees 60,500 vehicles per day. The property also has easy access to the Palmetto Expressway.
Mls | A11699422 |
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Listing Type | For Sale |
Style | Other Business Opportunity |
Subtype | Resale |
Status | Active |
Year | 1968 |
Days On Site | 13 |
Listing Provided By | STL Advisors, LLC | Alexandros Tsoulfas |
Sq Feet | 1,638 |
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Zoning | 0100 |
Acreage | 10450.00 |
Water Front | Yes |
State | FL |
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County | Miami Dade |
City | Medley |
Zip Code | 33166 |
Area | 31 |
Listing VS Median (in 33166) | |
Price: $925,000 low | high Med: $7,747 SqFt: 1,638 low | high Med: 48,949 $ / SqFt: $565 low | high Med: $1 On Site: 13 low | high Med: 100.500000 |