1785 N State Road 7 Margate, FL 33063

FOR SALE - Active
$2,800,000
$3,500,000 (20.0%)

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 4,320 ft2/401.34 m2
  • Price Per: $648.15 ft2/$6,976.61 m2
  • Type: Commercial/Investment
  • Built: 1972
  • HOA: No info
  • MLS Number: A11342046
  • View No info
  • On Site: 452 days
  • Updated: Listing Refreshed: 72 Days Ago

Well established full service Thai and Sushi restaurant with a modern flair. In business for over 30 years! High exposure to the DOT daily traffic count of 52,500 per day. Sale includes Business, Real Estate, Furniture, Equipment, Inventory, and SRX Liquor License - transferable*. Current seating capacity of 150. 2 Full Liquor Bars(1 interior bar and 1 exterior covered garden area bar) serving specialty cocktails and beers. New roof installed in 2022, half acre+ lot, and has a backup generator. Seller is willing to train the Buyer on day to day operations, menu, staff, etc. and will consider after-sale consulting as well. Excellent reputation and reviews on Google, Facebook, Trip Advisor, and Yelp. Approximate sqft is 3,150 SF Interior + 1,170 SF Exterior Covered Garden Area

Price History

DateEventPriceChange RatePrice Per
02/28/2024Price Reduced$2,800,000.0011.1%$648.15 ft2/$6,976.61 m2
06/07/2023Price Reduced$3,150,000.0010.0%$729.17 ft2/$7,848.69 m2
02/14/2023Listed$3,500,000.00$810.19 ft2/$8,720.76 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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