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Sneakers Bar & Grill
Retail | 5,549 SF
Listing Contacts
License: FL BK401549
Active
Asking Price: $3,590,000
Address
327 & 331 N Dixie Hwy, Lake Worth Beach, FL 33460
Show on MapDate Added
Jan 25, 2025
Days on Market
88 days
Time Since Last Update
49 days
Details
Marketing Description
Business currently operating, selling real estate and lease only. Shown by APPOINTMENT ONLY, Do not disturb tenant or you will be disqualified from purchasing this opportunity
Investment Highlights
Sneakers Bar & Grill
327 & 331 N. Dixie Hwy. – Lake Worth.
- 2 Buildings total 5,549 sq. ft. on corner 0.37 acre lot.
- Tavern 3,915 sq. ft. + 4 car garage and apartment 1,634 sq.ft.
- Kitchen, Hood, Walk-in Cooler, Pantry.
- Lots of parking.
- Established 40 years.
- 5 A.M. 4 COP Liquor License.
- Very rare, only 2 in Lake Worth Beach.
- Pays $ 20,303.93/mo. NNN
- CAP rate 6.17
- 8.5% / yr. rental increases.
Just over 7 years and 10 months left on the lease + 4-year option.
ASKING PRICE: $ 3.95 M.
Business currently operating, selling real estate and lease only.
Shown by APPOINTMENT ONLY, Do not disturb tenant or you will be disqualified from purchasing this opportunity.
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Property History
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Due Diligence
Listing Contacts
- License: FL BK401549
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