1191 N Federal #5 Delray Beach, FL 33483

Building Details

Year Built

1977

Listing agency LPT REALTY, LLC c***@gmail.com Show Phone

Listed by ISABEL CRISTINA FIGUEROA · License #B26041222

Source Corcoran

Added: Jun 15 Updated: Jul 20 at 8:44PM Checked: Jul 21 at 5:17AM

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Investment Insights

Based on property information with market context.

This quaint corner restaurant suite is being offered for sale as the business only; the unit itself is not included. The landlord has indicated it will offer a new two-year lease with a new tenant at the time of sale.

The property features a newly built bathroom constructed to code and permitted, along with approximately $100,000 in upgrades and new equipment. Included equipment consists of an oven, stove, refrigerator, freezer, and a 3-compartment washer/sink, as well as a soda dispenser.

Because the suite is situated on a corner lot, the landlord allows for additional seating on the side of the building.

Key Highlights

• Corner restaurant suite (Year Built: 1977) being sold with the business; the unit/real estate is not included
• Landlord will offer a new 2‑year lease with a new tenant at the time of sale
• Upgrades totaling $100k plus new equipment are included

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FAQs

What type of property is this?

Conventional restaurant - Corner restaurant suite being sold with business; new bathroom and kitchen equipment upgrades are included.

Where is this conventional restaurant located?

The property is located at 1191 N Federal #5 Delray Beach, FL.

What is the asking price?

The asking price for this property is $50,000.

What are key features of this property?

This property features: Corner restaurant suite (Year Built: 1977) being sold with the business; the unit/real estate is not included; Landlord will offer a new 2‑year lease with a new tenant at the time of sale; Upgrades totaling $100k plus new equipment are included