$2.5M Waterfront Biscayne Blvd Gas Station/Restaurant
- Property Name: Biscayne Blvd Citgo Station
- Address 1: 7769 Biscayne Blvd, Miami, FL
- Address 2: 620 NE 78 St, Miami, FL
- C-ctore Size: 3,331 sq.ft.
- Restaurant Size: 2,000 sq.ft.
- Lot Size: 30,000 sq.ft.
- Zoning: C1
- Waterfront: Yes
- Corner Property: Yes
- Restaurant Lease: 5 Year w/5 Year Option
- :Current NOI: $194,000
- Cap Rate: 8%
- Year Built: 1955
- Price: $2.5M
Highlights
You are looking at a special property on the Biscayne corridor and on the water. It consists of 2 folios, a Citgo Gas Station and the popular Anise on the River (Greek restaurant). This property allows the new owner a positive cash flow while holding a prime waterfront development site for the future! Gambling in Miami is around the corner! Think BIG!
