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13019173

401 Northwood Road, West Palm Beach, FL 33407

ST
FL SL3652781
Undisclosed Rate
25 days on market
Updated 25 days ago

401 Northwood Road

Building Details
Property Type Retail, Restaurant
Sub Type Bar
Tenancy Single

Spaces

Price Rate: 7800 per Month

Mexican Restaurant + Bar | 4COP Liquor License | Food Truck Included

Building description

Turnkey opportunity to acquire a fully built-out, authentic Mexican restaurant and bar in one of West Palm Beach’s fastest-growing corridors.

Located on a prominent corner at 401 Northwood Road, this 78-seat concept features a high-end, custom interior with authentic Mexican furniture, fixtures, and décor, creating a unique dining atmosphere that stands out in the market.

The business operates with a full 4COP liquor license, allowing for a complete bar program and extended operating hours, presenting significant upside for a bar/lounge or late-night concept.

This is a true turnkey operation offered as an asset sale with lease takeover. The sale includes all furniture, fixtures, equipment, and a fully operational food truck, providing an additional revenue stream through catering and off-site events.

The restaurant benefits from consistent demand driven by approximately 30 residential units directly above the space, along with substantial ongoing development in the immediate area, including new apartment projects and a hotel being constructed nearby on the waterfront.

The lease is currently $7,800/month with two years remaining and a five-year renewal option in place.

An exclusive use clause restricts competing Mexican concepts within a five-mile radius, providing a rare and valuable competitive advantage in the market.

Current operations include dine-in, takeout, delivery, and catering, with strong potential to expand revenue through extended hours, nightlife activation, and scaling of catering and food truck operations.

This opportunity is ideal for an experienced operator looking to step into a fully built concept or for a new owner seeking to capitalize on a high-visibility location with built-in infrastructure and multiple revenue channels.

Building highlights

Turnkey opportunity to acquire a fully built-out, authentic Mexican restaurant and bar in one of West Palm Beach’s fastest-growing corridors.

Located on a prominent corner at 401 Northwood Road, this 78-seat concept features a high-end, custom interior with authentic Mexican furniture, fixtures, and décor, creating a unique dining atmosphere that stands out in the market.

The business operates with a full 4COP liquor license, allowing for a complete bar program and extended operating hours, presenting significant upside for a bar/lounge or late-night concept.

This is a true turnkey operation offered as an asset sale with lease takeover. The sale includes all furniture, fixtures, equipment, and a fully operational food truck, providing an additional revenue stream through catering and off-site events.

The restaurant benefits from consistent demand driven by approximately 30 residential units directly above the space, along with substantial ongoing development in the immediate area, including new apartment projects and a hotel being constructed nearby on the waterfront.

The lease is currently $7,800/month with two years remaining and a five-year renewal option in place.

An exclusive use clause restricts competing Mexican concepts within a five-mile radius, providing a rare and valuable competitive advantage in the market.

Current operations include dine-in, takeout, delivery, and catering, with strong potential to expand revenue through extended hours, nightlife activation, and scaling of catering and food truck operations.

This opportunity is ideal for an experienced operator looking to step into a fully built concept or for a new owner seeking to capitalize on a high-visibility location with built-in infrastructure and multiple revenue channels.

Listing Contacts

ST
FL SL3652781

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Property History

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Additional Information

Name
Stephania Turksen
License
SL3652781
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
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