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Freestanding Restaurant in Active Corridor

389 Winchester Park Blvd Boynton Beach, FL 33436

389 Winchester Park Blvd, Boynton Beach, FL, 33436
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Versatile commercial property in Boynton Beach's established retail area.

Property Size10,192 SF
Lot Size2.67 Acres
Price / SF$475.86
AddedMay 20
Days on Market57
Last RefreshJun 30 at 10:14 am

Property Features for 389 Winchester Park Blvd

General Information

Standard status
Active
Size
10,192 SF
Lot size
2.67 Acres
Property subtype
RETAIL

Listing office Atlantic Commercial Group, Inc

Listing date May 20, 2026

Source Moodyscre

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 Atlantic Commercial Group, Inc


Investment Insights

Based on property information with market context.

This offering presents an exceptional opportunity to acquire a versatile freestanding commercial property in one of Boynton Beach’s most active and established retail corridors. The property, currently operated as a Golden Corral Buffet & Grill, features a large 10,192-square-foot restaurant building positioned on a spacious 2.67-acre parcel. It is strategically situated adjacent to the Super Walmart at the intersection of Boynton Beach Blvd and Winchester Park Blvd. The asset enjoys heavy daily traffic, excellent visibility, and a strong regional draw from surrounding household affluence and retail density. The surrounding area includes top-performing national tenants such as ULTA Beauty, PetSmart, Barnes & Noble, TD Bank, Sonic, and Burger King, providing consistent consumer activity.

Key Highlights

  • Freestanding 10,192‑square‑foot commercial restaurant building (currently Golden Corral).
  • Large 2.67‑acre parcel in an active Boynton Beach retail corridor.
  • Strategically located adjacent to Super Walmart at a major intersection.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $281.3k $27.60
− Vacancy −$19.7k −$1.93
EGI $261.6k $25.67
− OpEx −$65.4k −$6.42
NOI $196.2k $19.25
10,192 SF · lease $27.60/SF/yr · vacancy 7.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$2.80M
$2.45M – $3.27M (±1% cap)
NOI $196,206 @ 7.0% cap · market cap 4.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.18M
$6.28M – $8.37M (±1% cap)
NOI $502,444 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Golden Corral Buffet ... Restaurant

Suggested Use

Auto Repair Shop Law Firm Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage Hotel & Motel Kitchen & Bath Showroom Storage Facility Electrical Service Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Versatile commercial property in Boynton Beach's established retail area.
Where is this conventional restaurant located?
The property is located at 389 Winchester Park Blvd Boynton Beach, FL.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: Freestanding 10,192‑square‑foot commercial restaurant building (currently Golden Corral).; Large 2.67‑acre parcel in an active Boynton Beach retail corridor.; Strategically located adjacent to Super Walmart at a major intersection.
Contact an agent
(561) 447-8610 Call to check price and availability
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