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Restaurant with Commercial Kitchen Equipment

159 East Palmetto Park Rd, Boca Raton, FL 33432

For Sale
New
Contact for pricing

Business and furnishings are offered together with an existing restaurant lease and renewal option.

Property SizeContact for details
Days on Market5

Property Features for 159 East Palmetto Park Rd

General Information

Standard status Active
Property subtype Retail

Financials

Asking Price $250,000
Business Included Yes

Site & Location

Traffic Count 51,500 vehicles/day
Highway Access Yes

Restaurant

Commercial Hood Yes
Grease Trap Yes
Patio Yes
Equipment Included Yes

Additional Details

Furnished Yes
Listing Agency: RE/MAX Consultants Realty 1
Listed By: Candy Yeung, CCIM · License FL #3332544
Source: Crexi
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 4:31PM

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 RE/MAX Consultants Realty 1

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The restaurant business is being offered with its furniture, fixtures, and equipment at 159 East Palmetto Park Road. The space accommodates 48+ indoor and outdoor seats and includes an ADA bathroom, a 9-foot hood, and a grease trap. Kitchen equipment includes a 12-burner cooktop, grill, deep fryer, double cooler, two additional coolers, two freezers, and two deep freezers.

The property is in downtown Boca Raton’s Mizner Park district, along East Palmetto Park Road. The lease runs through April 30, 2029, includes 3% annual increases, and provides one five-year renewal option.

Key Highlights

  • Business sale includes furniture, fixtures, and equipment
  • 48+ indoor and outdoor seats
  • 9‑foot hood and grease trap

Property Analytics

Current Use

Tacowa Korean BBQ ... Korean Barbecue Restaurant East Side Cafe Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store Fish Market Farmer's Market Clothing & Fashion Store

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

51,500 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

3,999
Businesses Nearby
199k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 23% Hotels & Casinos 13% Apparel 6%
Starbucks Dining
33,069 visits/mo 0.2 miles
Hyatt Place Boca Raton/Downtown Hotels & Casinos
26,377 visits/mo 0.2 miles
Flanigan's Seafood Bar & Grill Dining
23,347 visits/mo 0.2 miles
7-Eleven Shops & Services
18,485 visits/mo 0.3 miles
Burger King Dining
12,393 visits/mo 0.2 miles

Demographics for 33432, FL

22,061
Population
14,405
Households
1.5
Avg Household Size
52
Median Age
58%
College-Educated
95%
High-School Grad
4.6 sq mi
ZIP Area
4,796
Density / Sq Mi
$94,375
Median Household Income
$54,481
Median Earnings
$2,226
Median Rent
$943,400
Median Home Value

Market

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

$411 Jul
$285 Aug
$315 Sep
$325 Oct

Properties on Market for Conventional restaurants in Palm Beach County

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 - Business and furnishings are offered together with an existing restaurant lease and renewal option.
Where is this conventional restaurant located?
The property is located at 159 East Palmetto Park Rd Boca Raton, FL.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Business sale includes furniture, fixtures, and equipment; 48+ indoor and outdoor seats; 9‑foot hood and grease trap
(954) 761-4090 Call to check price and availability
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