Restaurants for sale in Homestead, Florida, offer a unique investment opportunity in a city with a rich history and diverse economy. As a major agricultural area and suburb of Miami, Homestead attracts visitors and locals alike with its natural beauty, cultural attractions, and outdoor recreational activities. Restaurants in Homestead can cater to a range of customers, from tourists visiting the nearby Everglades National Park and Biscayne National Park to locals enjoying the city's historic downtown district and Miami-Dade College's Homestead Campus. With its tropical monsoon climate and warm winters, Homestead is an ideal location for restaurants with outdoor seating areas, taking advantage of the city's pleasant weather year-round. The city's agricultural industry also provides an opportunity for restaurants to source fresh, local ingredients, enhancing the dining experience for customers. Additionally, Homestead's proximity to Miami and the Homestead-Miami Speedway makes it an attractive location for restaurants catering to sports fans and travelers.
Homestead's restaurants for sale offer a range of investment opportunities, from casual eateries to fine dining establishments. With 1 listings available, investors can find the perfect property to suit their needs and budget. The average price per square foot for restaurants in Homestead is $449 USD, with an average size of 3,564 square feet. The largest restaurant property available is 3,564 square feet, offering ample space for a large dining area and commercial kitchen. In addition to restaurants, Homestead also offers investment opportunities in apartment buildings, shopping centers, specialty properties, and hotels, providing a diverse range of options for investors. Apartment buildings in Homestead offer a stable source of rental income, while shopping centers provide a hub for local businesses and services. Specialty properties, such as the Homestead Sports Complex, offer a unique investment opportunity in a specific industry or market. Hotels in Homestead cater to the city's tourism industry, providing accommodations for visitors to the nearby national parks and Homestead-Miami Speedway.
What is the average cost per square foot for a restaurant in Homestead?
Currently, there are 1 restaurants for sale in Homestead, with an average price per square foot of $449 USD, and an average size of 3,564 square feet, making it an attractive option for entrepreneurs and investors looking to capitalize on the city's growing agricultural and tourism industries.
What factors determine the value of a restaurant for sale in Homestead?
The value of a restaurant for sale in Homestead is determined by a combination of factors, including:
- the average price per square foot, which is currently $449 USD, and the average size of restaurants, which is approximately 3,564 square feet;
- the average cap rate, which is , and the largest size of restaurants available, which is approximately 3,564 square feet;
- the local economy, which is driven by agriculture and tourism, and the demand for restaurants, with 1 available listings.
