604 Lake Avenue, Lake Worth Beach, FL 33460
$20,000
Property Type:
Commercial Lease
Baths:
4
Square Footage:
6,950
Status:
Closed
Current Price:
$20,000
Last Modified:
3/30/2024
Description
Completely renovated turn-key restaurant in premiere location! This 7,000sf restaurant boasts two bars with expansive patio seating areas, new kitchen equipment, walk in refrigerator and freezer, ADA compliant, all impact windows and doors, plus many other features. In the heart of downtown Lake Worth Beach/Palm Beach, this site offers high visibility and foot traffic. The restaurant and building are vacant and operationally ready for restaurateurs to make their mark in the area. Certificate of Occupancy in place! Also, there is a 40+ car parking lot at 601 Lucerne Avenue adjacent to the restaurant. Prime investment opportunity as restaurant and adjacent parking lot (with development potential) are for lease and sale.
On MLS for Sale -RX10957180
Supplements: Downtown Lake Worth Beach offers an eclectic mix of dining options, theaters, museums, and nightlife. The area is surrounded with historic charm, a thriving artistic scene, as well as numerous eateries for both locals and beachgoers alike.
More Information MLS# RX-10957144
Contract Information
Status: Closed
Original List Price: 19500
Auction: No
Sold Price: $20,000
Current Price: $20,000
List Price/Bldg SqFt: 2.8
Listing Date: 2024-02-06
Comm/Non-Rep: 3%
Comm/Buyer Agent: 3%
Comm/Trans Brk: 3%
General Property Description
Type: Restaurant/Entertainment
For Sale: No
For Lease: Yes
Property Desc: Restaurant Space
Subdivision: LAKE WORTH TOWN OF
Year Built: 1999
SqFt - Living: 6950
SqFt Source: Floor Plan
# of Stories: 2
Total Units: 1
Baths - Total: 4
Acres: 0.19
% Air Conditioned: 100
Waterfront: No
Location, Tax & Legal
Area: 5630
Geo Area: PB16
Country: United States
County: Palm Beach
Parcel ID: 38434421155090100
Street #: 604
Street Name: Lake
Street Suffix: Avenue
State/Province: FL
Zip Code: 33460
Multiple Ofrs Acptd: Yes
Zoning: DT(cit
Legal Desc: TOWN OF LAKE WORTH LT 10, 11 & E 15 FT OF LT 12 BLK K
Tax Year: 2023
Real Estate Taxes: 45677.1
Geo Lat: 26.616044
Geo Lon: -80.054664
Remarks & Misc
Directions: I-95 take 6th Avenue. Head east towards Lake Worth Beach.
Office/Member Info
DXORIGMLNO: RX-10957144
DXORIGMLSID: RML
Status Change Info
Under Contract Date: 2024-03-30
Sold Date: 2024-03-30
Sold Price: $20,000
Terms of Sale: Other
Sold Price/Bldg SqFt: 2.87
Property Features
Use: Retail; Other
Type of Building: Restaurant
Sale Includes: Building and Land; Equipment
Avail Docs: Occupational License; Survey
Avail Info: Equipment Inventory
Flooring: Ceramic Tile; Other
Cooling: Central; Zoned
Heating: Central; Zoned
Fire Protect: Smoke Alarm; Smoke Detector; Sprinkler
Tenant Pays: Cable; Common Area Maint.; Electric; Sewer
Utilities: Cable; Electric; Gas Natural; Public Sewer; Public Water; Separate Meter
Roof: Tar/Gravel
Terms Considered: Conventional; Lease Option; Lease Purchase; Will Rent
Lease: Long Term; Triple Net
Possession: At Closing
Showing Instructions: Text Listing Agent
Contingencies: None
Listing Office: Charles Rutenberg Realty FTL
Last Updated: March - 30 - 2024
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