1785 N State Road 7, Margate FL 33063,Margate,Broward County,Commercial Sale

$3,150,000

Overview

Restaurant/Entertainment
Property Type

Description

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

Address

Open on Google Maps

Address: State Road 7
City: Margate
State/county: Broward County
Zip/Postal Code: 33063

Details

Updated on August 23, 2023 at 9:40 am

Price $3,150,000
Year Built 1972
Property Type Restaurant/Entertainment
Property Status Commercial Sale

Additional details

StreetDirPrefix N
PublicSurveyRange 48
ShowingInstructions Appointment Only, Call Listing Agent, Showing Assist
ListAgentKey d97ea13577366c372b484cdb422804b8
TaxLegalDescription MARGATE 3RD ADD 44-48 B TR A S 100 OF N 300 BLK 18
OnMarketDate 2023-02-10
ListAgentEmail visionsold@gmail.com
ContractStatusChangeDate 2023-02-10
MajorChangeTimestamp 2023-06-07T18:26:07.590Z
PhotosCount 12
SubAgencyCompensation .01%
StatusChangeTimestamp 2023-02-14T00:56:12.050Z
BuildingName Jasmine Thai & Sushi
PriceChangeTimestamp 2023-06-07T18:26:07.590Z
ListingKeyNumeric 378825784
MajorChangeType Price Decrease
ListingContractDate 2023-02-10
ListAOR A-Miami Association of REALTORS
TaxAnnualAmount 22687
ListOfficeName RE/MAX 5 Star Realty
CurrentUse Retail
OriginatingSystemKey miamire
BusinessType Restaurant/Bar
DualVariableCompensationYN no
PhotosChangeTimestamp 2023-02-14T01:34:49.432Z
OriginatingSystemName Miami Association of REALTORS®
ListOfficePhone 954-361-0000
MlsStatus Active
StreetNumber 1785
ListingKey 05075a775b8a2d043ea5c3ae9390f95f
StateOrProvince FL
ShowingContactType Agent
ListOfficeKey e1fcd57733fa179966a1b70145399144
Directions Located on the west side of 441 just South of Copans/Royal Palm Blvd
BridgeModificationTimestamp 2023-08-22T16:16:39.667Z
ListAgentFullName Nicholas Saavedra
ListAgentOfficePhone 954-361-0000
Stories 1
ParcelNumber 484125032152
ListingTerms All Cash, Conventional/Refinance
SignOnPropertyYN no
OtherExpense 0
IDXParticipationYN yes
InternetAddressDisplayYN yes
ListAgentMlsId 3101270
StoriesTotal 1
ModificationTimestamp 2023-08-22T16:12:01.210Z
OriginatingSystemID miamire
PreviousListPrice 3500000
DaysOnMarket 193
BuyerAgencyCompensationType %
ListOfficeMlsId DBRG01
Inclusions Building & Land, Business, Fixtures, Furniture, Inventory, License
ListAgentDirectPhone 954-651-1589
StreetNumberNumeric 1785
PostalCodePlus4 5705
ExpirationDate 2024-03-01
SyndicationRemarks 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
ListAgentStateLicense 3101270
PublicSurveyTownship 48
ListOfficeFax 954-361-0070
ListingAgreement Exclusive Right To Sell
PublicSurveySection 25
ListingId A11342046
SpecialListingConditions Sale
NumberOfBuildings 1
OriginalListPrice 3500000
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN yes
BuyerAgencyCompensation 2%
InternetAutomatedValuationDisplayYN yes
OriginalEntryTimestamp 2023-02-14T00:56:12.050Z
SourceSystemKey 378825784
LotSizeSquareFeet 23495
InternetConsumerCommentYN yes
BuildingAreaTotal 4320