Equipped Full-Service
New
For Sale
Contact for pricing
4469 S Congress Avenue #110, Lake Worth, FL 33461
Restaurant space includes a commercial kitchen, cooler, and seating areas indoors and outdoors.
Property Size2,600 SF
Price / SF$3.38
Days on Market7
Property Features for 4469 S Congress Avenue #110
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Business
Additional Details
Equipment Included
Yes
Building Details
Year Built
1986
Listing Agency:
Heart Property Mngt & Rlty Inc
Listed By:
David Healey · License #0490778
(954) 610-7203
Source:
Lehmannflorida
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 26 at 4:09PM
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 Heart Property Mngt & Rlty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This full-service restaurant space is equipped with a commercial kitchen and cooler, with seating available inside and outside. The property was built in 1986 and is located at 4469 S Congress Avenue, Unit 110.
Key Highlights
- Commercial kitchen and cooler in place
- Indoor and outdoor seating
- Built in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,053
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,001,060
$1.0M
Cap Rate 7%
$715,043
$715.0K
Cap Rate 9%
$556,144
$556.1K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$71.8K $27.60/SF
− Vacancy
−$5.0K −$1.93/SF
EGI
$66.7K $25.67/SF
− OpEx
−$16.7K −$6.42/SF
NOI
$50.1K $19.25/SF
Area
Palm Beach County, FL
Vacancy
7.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,001,060
Cap Rate 7%
$715,043
Cap Rate 9%
$556,144
Alternative Uses
Best Use
Specialty Retail
$715.0K
$625.7K – $834.2K
NOI $50,053 @ 7.0% cap · market cap 570.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M
NOI $128,175 @ 7.0% cap · market cap 1,460.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
905
Businesses Nearby
109k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 27%
Electronics 2%
Wawa
Shops & Services
39,469 visits/mo
0.5 miles
RaceTrac
Shops & Services
21,994 visits/mo
0.4 miles
Wendy's
Dining
18,327 visits/mo
0.1 miles
Wings Plus
Dining
10,707 visits/mo
0.1 miles
Marathon
Shops & Services
9,218 visits/mo
0.1 miles
Demographics for 33461, FL
47,161
Population
18,095
Households
2.6
Avg Household Size
36
Median Age
17%
College-Educated
75%
High-School Grad
7.1 sq mi
ZIP Area
6,642
Density / Sq Mi
$61,218
Median Household Income
$31,503
Median Earnings
$1,615
Median Rent
$263,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space includes a commercial kitchen, cooler, and seating areas indoors and outdoors.
Where is this conventional restaurant located?
The property is located at 4469 S Congress Avenue #110 Lake Worth, FL.
What are key features of this property?
This property features: Commercial kitchen and cooler in place; Indoor and outdoor seating; Built in 1986
