604 Lake Avenue, Lake Worth Beach, FL 33460 (MLS# RX-10957144)

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604 Lake Avenue, Lake Worth Beach, FL 33460

Property Type: Commercial Lease Baths: 4 Square Footage: 6,950 Status: Closed
Current Price: $20,000 Last Modified: 3/30/2024


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


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
604 Lake Avenue, Lake Worth Beach, FL 33460- MLS# RX-10957144
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