Turn-Key Restaurant & Bar in Downtown Delray Beach – Lease Assignment Opportunity

Turn-Key Restaurant & Bar in Downtown Delray Beach – Lease Assignment Opportunity

Turn-Key Restaurant & Bar in Downtown Delray Beach – Lease Assignment Opportunity 736 418 Prakas & Co
  • Bar / Club / Lounge For Sale

  • Restaurants For Sale

Description

📍 301 NE 3rd Ave, Delray Beach, FL 33444

An incredible opportunity to acquire a fully renovated, freestanding restaurant & bar in the heart of Downtown Delray Beach. Formerly known as 3rd & 3rd, this beloved establishment was a highly popular, shift-driven restaurant and cocktail lounge for many years. The property has undergone a full gut renovation, featuring a brand-new kitchen, bar, and high-end FF&E—ready for its next concept.

FULL WALKTHROUGH VIDEO: https://youtube.com/shorts/IzJf8m-3eO0

Key Highlights:

2,600 SF of fully updated restaurant space
Turn-key – Can accommodate any concept or cuisine
Full SFS liquor license (51% food sales required)
15 years remaining on lease with 3% annual increases
$15,000/month gross rent (all-in)
Freestanding building in a prime downtown location with parking

Asking Price: $995,000

This price includes the assignment of the lease, all brand-new furniture, fixtures & equipment (FF&E), and the premium buildout.

📞 Serious inquiries only. Contact us today!
Prakas & Co. | 561-368-0003

  • Size: 2600
  • Lease: 15 years left
  • Year built: 2025
  • Infrastructure Included: Yes - Full Kitchen & Bar
  • Zoning: Restaurant / Bar
  • Concept Exclusion: ANY CONCEPT ALLOWED
  • Current Tenants: Vacant

Features

View on map / Neighborhood

This commercial property is located in Delray Beach is currently and has been listed on Prakas & Co. This property is listed at $ 995,000.00 and is listed as . 

REQUEST MORE INFORMATION

    301 NE 3rd Ave, Delray Beach, FL 33444, USA

    Description

    📍 301 NE 3rd Ave, Delray Beach, FL 33444

    An incredible opportunity to acquire a fully renovated, freestanding restaurant & bar in the heart of Downtown Delray Beach. Formerly known as 3rd & 3rd, this beloved establishment was a highly popular, shift-driven restaurant and cocktail lounge for many years. The property has undergone a full gut renovation, featuring a brand-new kitchen, bar, and high-end FF&E—ready for its next concept.

    FULL WALKTHROUGH VIDEO: https://youtube.com/shorts/IzJf8m-3eO0

    Key Highlights:

    2,600 SF of fully updated restaurant space
    Turn-key – Can accommodate any concept or cuisine
    Full SFS liquor license (51% food sales required)
    15 years remaining on lease with 3% annual increases
    $15,000/month gross rent (all-in)
    Freestanding building in a prime downtown location with parking

    Asking Price: $995,000

    This price includes the assignment of the lease, all brand-new furniture, fixtures & equipment (FF&E), and the premium buildout.

    📞 Serious inquiries only. Contact us today!
    Prakas & Co. | 561-368-0003

    • Size: 2600
    • Lease: 15 years left
    • Year built: 2025
    • Infrastructure Included: Yes - Full Kitchen & Bar
    • Zoning: Restaurant / Bar
    • Concept Exclusion: ANY CONCEPT ALLOWED
    • Current Tenants: Vacant

    Features

    View on map / Neighborhood

    This commercial property is located in Delray Beach is currently and has been listed on Prakas & Co. This property is listed at $ 995,000.00 and is listed as . 

    REQUEST MORE INFORMATION

      Get In Touch

        This will close in 0 seconds