See all 18 photos
18 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$300,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID A12016520
HOA Y/N No
Property Description
Turnkey, income-producing retail opportunity located in one of Miami's fastest-growing, high-traffic corridors between Wynwood and Allapattah.
This fully operational smoke shop/convenience store is strategically positioned in a busy shopping plaza with strong daily foot traffic and easy access, making it ideal for both walk-in customers and repeat local clientele.
Price: $300,000
Gross Revenue: $236,000
Location: Miami (Wynwood / Allapattah)
Size: ~800 SF
Rent: $2,500/month (very low for the area)
Business Highlights
Turnkey operation with established setup
Diverse revenue streams (tobacco, CBD, convenience items, lottery, ATM income)
Tobacco Permit
Hemp License
Alcohol Permit
Lottery Permit
ATM machine generating additional passive income
4 employees in place
Located in a busy shopping center with free parking
Retail floor
Storage room
Office space
Bathroom
Security-focused buildout:
Heavy-duty exterior shutters
* Surveillance camera system
Below-market rent for a high-demand Miami submarket
Ability to expand product mix (vapes, glass, snacks, beverages, etc.)
Opportunity to increase margins + optimize staffing
Strong positioning between Wynwood growth and Allapattah redevelopment Add delivery, online ordering, or late-night hours to boost revenue
Ideal Buyer
Owner-operator looking for immediate income
Investor wanting a low-entry, high-demand retail asset
This fully operational smoke shop/convenience store is strategically positioned in a busy shopping plaza with strong daily foot traffic and easy access, making it ideal for both walk-in customers and repeat local clientele.
Price: $300,000
Gross Revenue: $236,000
Location: Miami (Wynwood / Allapattah)
Size: ~800 SF
Rent: $2,500/month (very low for the area)
Business Highlights
Turnkey operation with established setup
Diverse revenue streams (tobacco, CBD, convenience items, lottery, ATM income)
Tobacco Permit
Hemp License
Alcohol Permit
Lottery Permit
ATM machine generating additional passive income
4 employees in place
Located in a busy shopping center with free parking
Retail floor
Storage room
Office space
Bathroom
Security-focused buildout:
Heavy-duty exterior shutters
* Surveillance camera system
Below-market rent for a high-demand Miami submarket
Ability to expand product mix (vapes, glass, snacks, beverages, etc.)
Opportunity to increase margins + optimize staffing
Strong positioning between Wynwood growth and Allapattah redevelopment Add delivery, online ordering, or late-night hours to boost revenue
Ideal Buyer
Owner-operator looking for immediate income
Investor wanting a low-entry, high-demand retail asset
Location
State FL
County Miami-dade
Area 31
Interior
Flooring Carpet
Exterior
Private Pool Yes
Building
Structure Type Block
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12016520
Read Less Info
Listed by Luxe Properties
Nearby Locations
"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."