UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $211
MLS Listing ID A11990324
HOA Y/N No
Property Description
10-Year Established Smoke Lounge
Located in the HEART of Wynwood!!!
**Generating CLOSE TO $1M+ per year (on books)
**Hookah profit margins 80%+
**Asking $699,000
**Owner Financing Available (to qualified buyers)
• Open 6PM–2AM ??
• Fully operational with absentee owner
• Strong, loyal, young crowd
• Turnkey — already producing solid revenue
**HUGE UPSIDE OPPORTUNITY:
**Business is not being fully utilized (absentee ownership)
**Hands-on operator can significantly increase revenue
**OPPORTUNITY TO EARN EXTRA INCOME
**Approx. 3,000 sq ft location
**Neighbor has written offer to lease ~300 sq ft for storage
**Willing to pay $6,000/month
**Built-in additional income + operational upside
**Serious buyers only
**Proof of funds required
**Owner financing available to qualified buyers
**Confidential
Location
State FL
County Miami-dade
Area 31
Direction In the heart of Wynwood
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Others
Security Features Fenced,Security Gate
Acceptable Financing Assumable, Cash, Owner May Carry, Owner May CarrySecond
Listing Terms Assumable, Cash, Owner May Carry, Owner May CarrySecond
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11990324
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