766 Northlake BlvdNorth Palm Beach, FL 33408

Property Details for 766 Northlake Blvd

Year built

1963

Construction

CONCRETE

Lot size

0.26 AC

Property size (Sq ft)

4,000 SF

Zone code

C1

Property type

Retail properties

Property subtype

Turn key restaurants

APN

36-43-42-20-03-125-0310

APU

36434220031250310

Description

This exceptional 5,466 square foot waterfront restaurant is available for lease in North Palm Beach, Florida. Located at 766 Northlake Blvd, this single-tenant property boasts stunning waterfront views and outdoor covered dining. The C1-zoned property (C1 BUSINESS DISTRICT (36-LAKE PARK)) offers ample space for a thriving culinary establishment. With 15 parking spaces available, customer convenience is ensured. The property's APN is 36-43-42-20-03-125-0310. The entire space is currently vacant, presenting a unique opportunity for a new tenant to establish their brand in a highly desirable location. Property taxes are $3.11 per square foot. The submarket is Northlake Blvd, and the property is conveniently located near Northlake Blvd and Cross Street. This turnkey restaurant space is ready for immediate occupancy, offering a rare chance to capitalize on the vibrant North Palm Beach dining scene. The property's prime waterfront location and outdoor dining area provide an unparalleled dining experience. This is an exceptional opportunity for an experienced restaurateur seeking a high-visibility location with significant potential for success. The property's size and features make it ideal for a variety of restaurant concepts. Don't miss this chance to secure a premier waterfront restaurant space in a thriving Florida community. The zip code is 33408.

• CAP approach

  CAP return

  Valuation

  6%

  $2,438,308

  6.5%

  $2,250,746

  7%

  $2,089,978

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,569,493

  Geo Method

  $2,569,493

• Alternative Use

  Use

  Valuation

  Residential

  $1,898,588

  Hospitality

  $1,739,097

  Educational

  $1,446,908

  Medical

  $1,496,670

  Retail

  $2,250,746

Location Insight

City

North Palm Beach

County

Palm Beach

State

Florida

Latitude

26.8075

Longitude

-80.0683

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].