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Corner Restaurant Business with New Equipment

1191 N Federal Highway 5, Delray Beach, FL 33483

For Sale
$50,000

Restaurant business sale includes upgraded equipment, a permitted bathroom, and an anticipated two-year lease for the incoming tenant.

Property Size3,200 SF
Price / SF$15.63
Days on Market96

Property Features for 1191 N Federal Highway 5

General Information

Standard status Active
Size 3,200 SF
Property subtype Business Opportunity

Additional Details

Business Included Yes
Equipment Included Yes

Building Details

Year Built 1977
Listing Agency: LPT Realty, LLC
Listed By: Isabel Cristina Figueroa · License FL B26041222
Source: Mymiahomes
Added: Aug 9 Changed: Nov 7 Last Checked: Nov 10 at 3:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This conventional restaurant business is being offered with upgraded equipment and a newly constructed bathroom completed to code and permitted. The equipment package includes an oven, stove, refrigerator, freezer, three-compartment washer and sink, and soda dispenser. The underlying unit is not included in the sale. The property information identifies 3,200 square feet and a 1977 construction year.

The business occupies a corner location at 1191 N Federal Highway in Delray Beach. The landlord will offer the incoming tenant a new two-year lease at closing. Additional seating along the side of the building is allowed by the landlord, taking advantage of the corner-lot configuration.

Key Highlights

  • Restaurant business offered without the underlying unit
  • Equipment package includes oven, stove, refrigerator, freezer, three‑compartment washer and sink, and soda dispenser
  • New bathroom constructed to code and permitted

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

BeverLy Hills Boutique ... Clothing & Fashion Store The printing pad (Bike/Boat/Book/etc) Store Centerpeace Ministries Church Conch Cravings & More Restaurant Sandy Hook Bait ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tattoo & Piercing Shop Nursing Home Catering Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,012
Businesses Nearby
77k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 42% Shops & Services 40% Apparel 11% Dining 4%
Publix Groceries
31,996 visits/mo 0.4 miles
Dollar Tree Shops & Services
11,174 visits/mo 0.2 miles
Goodwill Apparel
8,499 visits/mo 0.4 miles
7-Eleven Shops & Services
6,014 visits/mo 0.2 miles
Sunoco Shops & Services
4,646 visits/mo 0.1 miles

Demographics for 33483, FL

13,103
Population
9,493
Households
1.4
Avg Household Size
59
Median Age
57%
College-Educated
93%
High-School Grad
3.8 sq mi
ZIP Area
3,448
Density / Sq Mi
$117,854
Median Household Income
$60,502
Median Earnings
$2,306
Median Rent
$755,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Conventional restaurants in Delray Beach, FL

$816 Jul
$353 Aug
$431 Sep
$387 Oct

Properties on Market for Conventional restaurants in Delray Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant business sale includes upgraded equipment, a permitted bathroom, and an anticipated two-year lease for the incoming tenant.
Where is this conventional restaurant located?
The property is located at 1191 N Federal Highway 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: Restaurant business offered without the underlying unit; Equipment package includes oven, stove, refrigerator, freezer, three‑compartment washer and sink, and soda dispenser; New bathroom constructed to code and permitted
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