Moonchine Asian Bistro, the MiMo restaurant that's long been a staple with locals seeking a good bowl of pho, is up for sale.
The 100-seat restaurant, named "Best Restaurant on the Upper Eastside" by Miami New Times, opened in 2007, back when the Biscayne corridor was little more than a series of broken down motels that had outlived their prime.
Moonchine fast became a neighborhood spot for reasonably priced Asian food that went above the usual Miami sushi and fried rice fare. Additional reasons to love the ruby-tinged bistro include ample free parking in a private lot and a daily happy hour. In 2010, Moonchine added a lounge to the mix.
The restaurant, including outdoor patio and separate lounge area, is listed for sale by Lombardi Properties at an asking price of $399,000. Rent is presently $8,000 a month for the roughly 3,900 square foot property. A full liquor license is available for an additional, undisclosed sum of money.
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The MiMo district is fast becoming one of the most desirable dining neighborhoods in Miami, thanks in part to the Vagabond's restoration and the opening of establishments like NiDo Caffe, Blue Collar, and Via Verdi.
No word yet on whether the new owners, when sold, will be able to retain the name, although it seems like the restaurant is being sold "as is" and the listing notes that "this is an operating business. Please do not disturb employees." We attempted to contact the listing agent, Jonathan Eismann, for details and will update this story with additional information, as we receive it.