$275,000
West Palm Beach, FL 33411
MLS# RX-10981780
3 baths | 2663 sqft
1 / 7
Property Description
For more than a decade, Grand Lakes Chinese Restaurant has been serving delicious Dim Sum, Chinese Food to the West Palm Beach area. The Restaurant is known for all the classic and popular dishes. The restaurant is open 6 days a week from 11am-9pm closed on Tuesday.
Details
Maps
Contract Information
Status: Active
Original List Price: 275000
Auction: No
List Price: $275,000
Current Price: $275,000
List Price/SqFt: 103.27
Listing Date: 2024-04-26
Comm/Non-Rep: 2.5%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Business
Business Name: GRAND LAKES CHINESE
Business Type: Restaurant
Year Established: 2006
Annual Base Rent: 116324.52
Lease Expires: 2026-04-13
Renewal Option: 5 YEAR
Year Built: 2004
Built Desc: Resale
SqFt - Living: 2663
SqFt Source: Owner
# of Stories: 1
SqFt - Occupied: 2663
% Air Conditioned: 100
Baths - Total: 3
Training Available: Yes
Waterfront: No
Location, Tax & Legal
Area: 5520
Geo Area: PB24
Country: United States
County: Palm Beach
Parcel ID: 74424328430040000
Street #: 7800
Street Name: Okeechobee
Street Suffix: Boulevard
Unit #: #6
State/Province: FL
Zip Code: 33411
Tax Year: 2023
Real Estate Taxes: 112
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
Multiple Ofrs Acptd: No
REO: No
Zoning: GC(cit
Legal Desc: OKEECHOBEE BLVD MUPD TR D K/A COMMERCIAL
Geo Lat: 26.70749
Geo Lon: -80.164266
Office/Member Info
DXORIGMLNO: RX-10981780
DXORIGMLSID: RML
Building Info
# of Offices: 1
# of Employees: 12
Bar Stools: 4
Door Height: 10
# of Loading Docks: 1
Miles to Expressway: 2
Monetary Info
Net Oper Income: 1.2
Source of Expenses: Tax Return
Property Features
Location: Subdivison
Type of Building: Commercial; Strip Store
License: Beer & Wine; County Occupational; Liquor
Sale Includes: Equipment; Fixtures; Furniture; Signs; Trade Name
Expenses Incl: Accounting-Legal; Advertising; License & Permit; Payroll; Property Insurance; Real Estate Tax; Rent; Repair & Maintenance; Trash Removal; Utility-Telephone
Avail Info: Copies of Lease; Equipment Inventory; Inventory; Tax Return
Avail Docs: Occupational License; None
Lease Term Rem: Options Available
Ownership: Assigned; Corporation
Special Info: Foreign Seller; Sold As-Is
Cooling: Central Building; Electric; Exhaust; Gas; Zoned
Heating: No Heat
Miscellaneous 1: Kitchen Facilities
Miscellaneous 2: Manager on Premises; Office; Storage; Traffic Auto; Traffic Heavy
Utilities: Cable; Electric; Gas Natural; Public Water; Separate Meter
Fire Protect: Smoke Alarm; Sprinkler
Ceiling: Suspended
Construction: Block; Stucco
Flooring: Ceramic Tile
Road: Country; Public; State Road
Roof: Flat Tile
Security: Security Sys-Leased; TV Camera
Maintenance Fee Incl: Grounds / Plants
Parking: Common
Terms Considered: Cash; Conventional
Possession: At Closing
Listing Office: Keller Williams Dedicated Prof
Last Updated: May - 07 - 2024
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Sunday 19th of May 2024 09:52 AM