Unrepeatable business opportunity for an investor who desires to take over a solid in place cash flow business, with repetitive local customers and zero seasonality. Strong and healthy financials. This is a unique and very profitable business opportunity: es

ALTON ROAD, Miami Beach

$595,000 USD
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AddressALTON ROAD, Miami Beach
Building NameSky Nail Salon
Type of PropertyCommercial
Business LocationCity Location
Property StyleBusiness
Price$595,000
Previous Price$680,000 (117 days ago)
Sold on18th August, 2019
Sold Price$500,000
Property StatusClosed Sale
MLS NumberA10626700
Year Built1947
Parking Space Number4
Zoning Information6400 COMMERCIAL – CE
Days on Market117

Detailed Description: Unrepeatable business opportunity for an investor who desires to take over a solid in place cash flow business, with repetitive local customers and zero seasonality. Strong and healthy financials. This is a unique and very profitable business opportunity: established Nail Salon in prime location South Beach few steps from Lincoln Rd that generates very high cap rate. The Salon has been recently improved with new furnitures and equipment. Six years left on the lease + one 5 years option. The 2650 sq.ft space displays 20 stations for manicure / pedicure, one office, kitchen, two bathrooms, alarm and security camera system. The lease includes 4 assigned parking spots. Priced to Sell. Do not visit without appointment and please don’t disturb the staff. Financials available upon request

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
AddressALTON ROAD
Business LocationCity Location
Section34
Financial Information
Price$595,000
Previous Price$680,000
Sold on18th August, 2019
Sold Price$500,000
Tax Year2018
Terms of SaleCash
Full Descriptions
Detailed DescriptionUnrepeatable business opportunity for an investor who desires to take over a solid in place cash flow business, with repetitive local customers and zero seasonality. Strong and healthy financials. This is a unique and very profitable business opportunity: established Nail Salon in prime location South Beach few steps from Lincoln Rd that generates very high cap rate. The Salon has been recently improved with new furnitures and equipment. Six years left on the lease + one 5 years option. The 2650 sq.ft space displays 20 stations for manicure / pedicure, one office, kitchen, two bathrooms, alarm and security camera system. The lease includes 4 assigned parking spots. Priced to Sell. Do not visit without appointment and please don’t disturb the staff. Financials available upon request
How to ReachAlton Road and Lincoln Rd
Property parameters
Zoning Information6400 COMMERCIAL – CE
Year Built1947
Type of PropertyCommercial
StyleBusiness
Building NameSky Nail Salon
Parking Space Number4
Listed withGary Hennes Realtors