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652 East 9th Street, Hialeah FL 33010

Commercial For Sale
$299,999

BTC: 4.68748438

ETH: 171.82073310

13 days
0 room(s)

Overview

Rare opportunity to own La Casa del Churrasco, an iconic Hialeah restaurant established in 1982 and operating continuously at the same 652 E 9th Street location for over four decades. This 5,700 sq ft turn-key restaurant includes all kitchen equipment, furniture, fixtures, and inventory in the sale — walk in and operate from day one. Beer & Wine (4 COP) license in place. Gross lease at $15,000/month with landlord prepared to offer a new 3-year term to a qualified buyer (currently month-to-month). Significant upside: business historically ran 24/7 prior to COVID, with the night shift generating approximately $30,000/month in additional revenue that is not currently being captured. Approximately 22 employees in place, longstanding community recognition, and grandfathered approvals make for a smooth transition. Motivated seller. Financials available upon executed NDA and proof of funds. Showings by appointment only — please do not disturb staff or customers. Contact listing agent for details.

Location

Florida • Hialeah • 33010 • Commercial • For Sale

Details

Type:
Business Opportunity
Parking:
Common / Free Parking / Guest
Year Built:
1970
Lot:
No Data
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,469,500
$264K – $4.2M
Confidence Low
List vs. estimate
$1.2M below estimate
List $299,999 · -79.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
104 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $492K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features

  • Flooring

    • Tile

  • Parking

    • Common

    • Free Parking

    • Guest

  • Type and style

    • Property Type: Business Opportunity

  • Source details

    • MLS ID: A12023537

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33010
86
median $662K
Active
Same city
Hialeah
813
median $453K
Active
Same type
Commercial
167
median $470K
Active
Similar price
$209K – $389K
277
median $263K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Source Real Estate