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Built-Out Restaurant with Kitchen Equipment
For Sale
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897 E Palmetto Park Rd, Boca Raton, FL 33432

Existing restaurant improvements include kitchen equipment, furniture, fixtures, and an active lease.

Property Size990 SF
Price / SF$702.02
Days on Market158

Property Features for 897 E Palmetto Park Rd

General Information

Standard status Active
Size 990 SF
Property subtype Retail

Additional Details

Furnished Yes
Equipment Included Yes

Building Details

Year Built 2021
Listing Agency: Prakas & Company
Listed By: Chas Prakas · License #SL3419856
Source: Crexi
Added: Mar 28 Changed: Aug 30 Last Checked: Aug 31 at 12:40PM

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 Prakas & Company

Investment Insights

Based on property information with market context.

Asset sale of a fully constructed conventional restaurant at 897 E Palmetto Park Rd in Boca Raton. The property includes the active lease, restaurant build-out, kitchen equipment, and all furniture, fixtures, and equipment. The offering excludes the existing business name, brand, logo, and goodwill, allowing the purchaser to operate under a new concept.

The 990 SF restaurant property was built in 2021 and is positioned in East Boca Raton’s coastal corridor near Palmetto Park and Ocean Drive. Its compact footprint and existing improvements provide a ready physical setting for a restaurant operation without acquiring the prior business identity.

Key Highlights

  • 990 SF conventional restaurant property
  • Built in 2021
  • Active lease included in the asset sale

Property Analytics

Current Use

Peter's Pizzeria Restaurant

Suggested Use

Top Pick Restaurant Hair Salon Nail Salon Parking Lot & Garage Auto Repair Shop Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

1,079
Businesses Nearby
157k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Groceries 26% Shops & Services 9%
Chick-fil-A Dining
46,457 visits/mo 0.4 miles
Publix Groceries
40,623 visits/mo 0.4 miles
Taco Bell Dining
20,630 visits/mo 0.4 miles
Denny's Dining
13,091 visits/mo 0.4 miles
Keke's Breakfast Cafe Dining
11,631 visits/mo 0.5 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

Vacancy Rate% for Retail in South region

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

What type of property is this?
Conventional restaurant - Existing restaurant improvements include kitchen equipment, furniture, fixtures, and an active lease.
Where is this conventional restaurant located?
The property is located at 897 E Palmetto Park Rd Boca Raton, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 990 SF conventional restaurant property; Built in 2021; Active lease included in the asset sale
(561) 400-1058 Call to check price and availability
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