652 East 9th Street, Hialeah FL 33010, HIALEAH, FL, 33010
Active79 days on marketListed May 21, 2026MLS #A12023537
About this property
The property at a glance
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.
0
Lot sq ft
1970
Year built
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$1,243/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
3,679
Population
$52,673
Median income
47
Median age
3
Avg household
$383,988
Median home value
$1,541/mo
Median rent
369
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
This population is characterized by vulnerability. Looking to unload emotional burdens, activities include confessions, apologies, and long-form posts.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Recent sales
What actually sold near 652 East 9th Street
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,800
7311 NW 12th St # 25, Miami FL 33126
Sold Jul 1, 2026
$206,000
720 W 28th St, Hialeah FL 33010
Sold Mar 23, 2026
$17,900
3171 E 11th Ave # 3171, Hialeah FL 33013
Sold Mar 23, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 652 East 9th Street — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 652 East 9th Street.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of The Source Real Estate · George Collazo Jr. MLS #A12023537.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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