212 S Olive Avenue
West Palm Beach, FL 33401
2264 sqft | #RX-11118526
Description
Restaurant Business for Sale ~ Downtown WPB
Location: Prime spot in The Strand
Size: ~2,200 SF (1,100 SF operational + 1,100 SF storage/underutilized)
Fully equipped w/ Type 1 hood, grease trap & grill.
Seating 22 indoor, 26 outdoor (sidewalk permit), potential expansion to 75.
License: Beer & wine included.
Lease: 9 yrs remaining + 5-yr option.
Rent: $9,700/mo + NNN; tenant covers property tax, HOA & insurance.
ROFR.
Traffic: Excellent visibility, heavy pedestrian flow in vibrant corridor.
Asking Price: $215,000
Note: Sale based on leasehold interest, equipment & location, not P&L.
Property Details
- Utility FeaturesGas Natural, Public Sewer, Public Water
- CoolingCentral Building
- MLS #RX-11118526
- MLS #RX-11118526
- CountyPalm Beach
- Property TypePurchase
- Original List Price$215,000
- Property SubtypeBusiness
- Cost215000
- ZoningFWD-5
- Square Feet2264
- Year Built2002
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Robert Joseph Anderson (#276710207)
Listing Office: Anderson Urban Real Estate (#276710206)
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