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$ 5,500,000
Est. payment /mo
Active
3138 Coral Way Miami, FL 33145
7,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $763
MLS Listing ID A11971140
Style Detached
HOA Y/N No
Year Built 1950
Lot Size 5,750 Sqft
Property Sub-Type Retail
Property Description
Freestanding two-level commercial building located along Coral Way, a major east-west corridor connecting Coral Gables, Brickell, Coconut Grove, and Downtown Miami. The approximately 7,200± SF property offers excellent visibility, strong street frontage, and prominent signage opportunities.
Previously operated as a restaurant and entertainment venue, the building features a flexible high-capacity layout with multiple bar areas, commercial kitchen infrastructure, professional hood system, and upper-level dining and event spaces. Approved occupancy for approximately 217 seats with eligibility for 4COP SFS liquor licensing.
The property includes substantial existing commercial infrastructure, with significant prior investment in kitchen systems, lighting, sound equipment, and build-out components designed to support high-capacity hospitality operations.
This renovated standalone structure is suitable for a restaurant, hospitality, entertainment, retail, showroom, or adaptive commercial uses. Investment potential includes owner-user occupancy, repositioning, or leasing in a high-demand urban corridor with limited freestanding inventory.
The seller may consider owner financing for qualified buyers.
Previously operated as a restaurant and entertainment venue, the building features a flexible high-capacity layout with multiple bar areas, commercial kitchen infrastructure, professional hood system, and upper-level dining and event spaces. Approved occupancy for approximately 217 seats with eligibility for 4COP SFS liquor licensing.
The property includes substantial existing commercial infrastructure, with significant prior investment in kitchen systems, lighting, sound equipment, and build-out components designed to support high-capacity hospitality operations.
This renovated standalone structure is suitable for a restaurant, hospitality, entertainment, retail, showroom, or adaptive commercial uses. Investment potential includes owner-user occupancy, repositioning, or leasing in a high-demand urban corridor with limited freestanding inventory.
The seller may consider owner financing for qualified buyers.
Location
State FL
County Miami-dade
Area 41
Exterior
Private Pool Yes
Building
Story 2
Architectural Style Detached
Level or Stories Two
Others
Tax ID 01-41-16-009-0590
Acceptable Financing Conventional, Owner May Carry
Listing Terms Conventional, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11971140
Listed by TMT Real Estate, LLC.
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