1360 NW 88th Ave 31,460 SF Retail Building Doral, FL 33172 $17,500,000 ($556.26/SF)

INVESTMENT HIGHLIGHTS

  • Wilshire Advisory Group presents a rare opportunity to acquire a fully built-out, high-capacity indoor entertainment venue in the heart of Doral
  • All operating and alcohol licenses included in the sale of the establishment.
  • Great dedicated parking, in addition to generous street parking.
  • Unique property with huge potential opportunities for an owner user interested in operating a premiere padel and pickleball facility in Miami
  • Offices and conference facilities ideal to also promote events.
  • All equipment and condition of facilities in exceptional shape.

EXECUTIVE SUMMARY

Wilshire Advisory Group presents a rare opportunity to acquire a fully built-out, high-capacity indoor entertainment venue in the heart of Doral + an ongoing bar/sports venue business. The property features 31,460 SF of improvements on a 52,810 SF lot, delivered with a full suite of licenses and permits for immediate operation. Originally completed in 2017, the asset is ideal for owner-operators or investors seeking to capitalize on the growing demand for experiential and recreational destinations in South Florida. The Real Estate and Licensing Package is offered at $15,500,000 and must be sold together with the additional Operating Licenses & Asset Package, priced at $2,000,000, which includes the facility’s full operational infrastructure, all liquor & federal licenses, and premium sports installations in the middle of urban Miami. Please find complete description in attachments to this listing.
These are the two components of the offering (both must be purchased):
Component 1 - Real Estate + Licensing Package (see Licenses below) - Asking Price: $13,500,000
Includes all entitlements and infrastructure to operate a multi-use, high-traffic venue:
• Live Entertainment License
• Nightclub License
• Restaurant License
• Fitness Use License
• Fats, Oils & Grease (FOG) Discharge Permit
• Certificate of Occupancy Issued: 2017
Component 2 - Federal Liquor and Federal Hotel and Restaurant Licenses & Asset Package (Asking Price: $4,000,000)
The turnkey operation includes premium infrastructure, sports installations, and federal licensing:
• Fully Equipped Bar & Commercial Kitchen
• 100 Tons of HVAC (4 x 25-ton units)
• 5 Indoor Padel Courts
• 3 Indoor Pickleball Courts
• Panoramic LED Video Display System
• Professional Sound System
• Integrated Security System
• Commercial Grease Trap
• Federal Liquor License
• Federal Hotel & Restaurant License

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
31,460 SF
Year Built
2017
Price
$17,500,000
Price Per SF
$556.26
Tenancy
Single
Building Height
1 Story
Building FAR
0.60
Lot Size
1.20 AC
Zoning
IU-1 - Property has been totally renovated. Property has CU to operate as a nightclub/ sports bar/ entertainment center by the city of Doral (unique value)
Parking
30 Spaces (0.95 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Conferencing Facility
  • Food Court
  • Mezzanine
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet

NEARBY MAJOR RETAILERS

Chili's Grill & Bar
Hooters
Twin Peaks
Synovus Bank
Starbucks
LongHorn Steakhouse
Red Lobster
Mcalister's Deli
Centennial Bank
YouFit Gyms

PROPERTY TAXES

  • Listing ID: 35430573

  • Date on Market: 4/9/2025

  • Last Updated:

  • Address: 1360 NW 88th Ave, Doral, FL 33172