Address
7040 Seminole Pratt Whitney Road Loxahatchee, FL
Price
$ 499,000
Property Attributes
  • MLS#RX-10733924
  • TypeBusiness Op
  • CountyPALM BEACH
  • CityLoxahatchee
  • Area5590
  • Zip33470
  • StyleRestaurant
  • Price$ 499,000
  • Bedrooms0
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3150
Listing Provided Courtesy Of:
Niemela Realty & Associates LLC
Data Source:
Beaches MLS
Property Description

Amazing opportunity to own one of the few well established restaurants in the area! Located just TWO miles from the quickly developing new city of Westlake, FL. This restaurant has been upgraded and renovated so you do not have to do a single project. All new waterproof commercial flooring throughout, fresh paint, new bar equipment, kegs, sinks, plumbing and electrical. All new refrigeration, tankless water heater so you never run out of hot water, new kitchen equipment and even the ceiling was all replaced. Completely turn key restaurant with many years in the business and well established employees. The business sale includes all equipment, inventory, liquor license and lease transfer.

Price History
7/27/2021 Listed $700,000
9/1/2021 4% - $675,000
9/13/2021 12% - $599,000
9/22/2021 9% - $550,000
11/1/2021 10% - $499,000

General Features

Area 5590
Auction No
Business Name Kocomos Island Grill
Business Type Restaurant
Construction CBS, Concrete
Cooling Central Building
Flooring Laminate
Geo Area PB25
Geo Lat 26.780305
Geo Lon -80.292519
Heating Central Building
Lease Expires 2024-05-31
License Liquor
Listingofficephone (561) 247-4660
Location Shopping Center
Maintenance Fee Incl Trash Removal
Misc. Handicapped
Misc. Manager on Premises, Public Restroom, Separate Office Area, Traffic Heavy
Ownership Corporation
Parking Free, Handicap
Possession At Closing
Property Type D
REO No
Roof Other
Security Burglar Alarm
Short Sale No
Special Info None
Status Active
Terms Considered Cash, Conventional
Training Available Yes
Type Business
Type Of Building Anchor Center
Utilities Electric, Public Water
Virtual Tour https://www.propertypanorama.com/7040-Seminole-Pratt-Whitney-Road-Loxahatchee-FL-33470/unbranded
Year Built 2003

Interior Features

Stories 1.0

Exterior Features

Sale Includes Equipment, Furniture, Inventory, License, Trade Name
Road City / County Maint, Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 33470

Price
AVG $500K
$500K
Visits
AVG 82
81
Year Built
AVG 2003
2003
Walkscore
AVG 40
40
Data Provided by Walkscore ® not using MLS data

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