Price: $699,000
MLS Number: A10430767
 Commercial / Investment - SOLD
1435 Alton Rd, Miami Beach, Florida 33139 USA
 HOA Fees: 
 
 Date Sold: 10/01/2018
 
About this Property
WILL CONSIDER REASONABLE OFFERS OR BUYER CAN PUTS DOWN $300K AND I WILL OWNER FINANCE THE REST AT THE MARKET RATE FOR 5 YRS! HUGE PRICE REDUCTION! Restaurant, Bar and Lounge is located right in the heart of South Beach!!! This one-of-a-kind concept is served in a chic atmosphere with deco-style design and top-tier technology. Our tables are interactive menus, so guests can order then surf the web with just a few taps of their fingertips. Low rent and long lease, very well located on Alton Rd. AS OF TODAY THE GOING SQFT RATE IN THIS AREA IS $85-$95/SQ-FT, LEASE IS 5 YEARS $20.70/SQ-FT WITH THE OPTION TO RENEW FOR AN ADDITIONAL 5 YEARS, Lease is $8500 including tax and NO TRIPLE NET, Owner invested 2.7 mil into property. Everything from the plumbing, electric, AC, , walk-in cooler is new.

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MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Allmia Real Estate, LLC.
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