Interior
- Bathrooms
- 0
- Flooring
- Ceramic Tile, Hardwood, Wood
- Cooling
- Central Air, Other
- Heating
- Central, Heat Pump
Active · Commercial
$680,000
1490 S Military Trail, West Palm Beach, FL 33415
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1978
- Lot size
- 94,062 sq ft
- HOA fee
- —
- Annual tax
- $39,425
About this property
Turnkey Reception Hall, Restaurant, Nightclub, & Entertainment Venue. Pool Hall. Acquire a fully equipped business in a prime location of West Palm Beach. Full commercial kitchen with hood system. High end Bosch appliances, 4 dishwashers, 2 ice machines, 3-5 year warranties. Ventless dryer & washer incl. Professional $300,000 Elcano sound system largest in PBC. Advanced lighting, strobe effects, 10 elegant chandeliers. Multiple booths, 10 round tables approx 100 chairs. Complete linen inventory. Interchangeable screens for dining /event ambiance.. Two Full Service granite-top Bars. Approx. $50,000 in liquor. Venue has 4 cop liquor license, new owner needs to obtain own. Luxury his n her Restrooms. 20 Ton commercial air conditioner system Office space available. Versatile Revenue Streams
Property location
Get Directions1490 S Military Trail, West Palm Beach, FL 33415
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Facts & features
Exterior & Structure
- Property type
- Commercial
- Year built
- 1978
- Stories
- 1
- Lot size
- 94,062 sq ft
- Roof
- Flat, Tile
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Lighting, Other
Parking
- Covered spaces
- 0
- Parking features
- Common, Free Parking
HOA, Community & Financials
- Fee inclusions
- Maintenance Grounds, Maintenance Structure
- Annual tax
- $39,425
- County
- Palm Beach
- Days on market
- 192
- MLS listing ID
- B26014493
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$3,540
- Cap rate
- -0.6%
- Net yield
- -0.6%
- Cash-on-cash return
- -22.3%
- Gross yield
- 6.6%
- Mortgage payment
- $3,224/mo
- Down payment
- $170,000
- Loan amount
- $510,000
- Annual NOI
- -$3,793
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.