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For Sale Available Listing #68611

7,225 SF Restaurant For Sale — $6,250,000 — 661 US Highway 1, North Palm Beach

661 US Highway 1 · Entire Property · North Palm Beach, FL 33408
7,225 SFAvailable space
RestaurantProperty type
87Parking spaces
1982Year built
Quick Unit Specs
7,225 SF Sq Ft
Restaurant Type
Available Status
For Sale Listing Type
— Lease Rate
— Monthly Rate
— Lease Terms
— Lease Type
$6,250,000 Asking Price
$865.05 Price / SF
— Cap Rate
— NOI
— Condition
— Power
— HVAC
87 spaces Estimated Parking
— Yard
Location Map Click to explore · switch to satellite inside the map
Space Description & Highlights
Tons of parking on site. High ceilings. High quality construction. Perfect condition. Etc.
Floor Plan
Floor plan not available yet Ask us and we'll get it to you as soon as it's available.
Building Description
Executive Summary
Excellent North Palm Beach Opportunity! Rare opportunity to own a piece of the thriving North Palm Beach Market. This property is located in the Heart of North Palm Beach along the US Highway #1 corridor. This is a luxury commercial building with incredible access to all parts of North Palm Beach and Palm Beach County. Close to Lost Tree, Seminole Landing, Trump National Golf Course, Bear’s Club, Admiral’s Cove, Frenchman’s Creek, Frenchman’s Reserve, Old Palm, Ballenisles, and the Atlantic Ocean. Building consists of 7,225 SF, on a site consisting of 1.66 acres. Tons of parking on site. High ceilings. High quality construction. Perfect condition. This property is currently operated as a Restaurant. With zoning and the site size there are numerous use potentials for this site. Medical, ALF, Professional use, retail, Etc. Etc.
Building Specifications
CityNorth Palm Beach, FL
ZIP Code33408
Year Built1982
Gross Leasable Area7,225 SF
Total Building SF7,225 SF
Land Area72,173 SF
Frontage103’ on Us-1 Hwy
Lot Size1.65 AC
Parking (building)87 Spaces
ConstructionSTUCCO ON MASON
Parking Ratio12.04/1,000 SF
Floor Area Ratio0.1
Amenities24 Hour Access; Pylon Sign; Signage; Air Conditioning
Walk Score50/100
Approved Uses by Zoning — C-MU US-1 Mixed-Use (CA)

Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.

Allowed by right
Dwelling, all other dwelling types (i.e., other than one-family detached and mobile home park), Live/work unit, Community residential home (subject to the same requirements as apply in the R-2 zoning district), Bed-and-breakfast establishment, Hotel, Motel, Time-share unit, Offices, general, Office or clinic, medical or dental, Stores & services, general, Garage, parking, Restaurant or cocktail lounge, Church or place of assembly, Civic space, Family day care, Government building, Public space
With special approval
Assisted living facility (only as part of a mixed-use development that complies with Future Land Use Policy 1.B.3), Stores & services, large format, Dog daycare, Drive-through facility (for any use), Brewery with offsite distribution, Telecommunications antennas, Child care facility, School, public or private
Read the full CA zoning guide ›

Neighborhood Demographics · Census Tract 000702

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
3,340
Population
$82,386
Median Household Income
50
Median Age
1,473
Households
$385,700
Median Home Value
Household Income of 1,473 households
<$50k394 27%
$50–100k406 28%
$100–150k312 21%
$150k+361 25%
Age of 3,340 residents
Under 18512 15%
18–34513 15%
35–54910 27%
55–64691 21%
65+714 21%

Trade-Area Rings · Distance from Property

Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).
1 Mile
8,817
population
4,117 households
$120,352 avg income
3 Miles
68,506
population
28,788 households
$112,970 avg income
5 Miles
140,733
population
57,809 households
$128,092 avg income

Frontage Traffic vs. Palm Beach County's Busiest Roads

This property fronts US Highway 1. Below, its measured daily traffic (FDOT count) is compared to five of the county's busiest roads — I‑95, Florida Turnpike, Okeechobee Blvd, US‑1/Federal Hwy, and Military Trail (approximate peak AADT) — to show how much exposure the location gets.
20,400vehicles / day on US Highway 1 (AADT)
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
◆ US Highway 1 20,400
This frontage carries about 8% of I‑95's volume — lighter neighborhood traffic. County roads shown are approximate peak AADT.
FDOT count stations on US Highway 1
20,400 AADT between SHORE CT (2025)
8,600 AADT between ALT A1A and SR-5/US-1 (2025)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone
Street View Click to load · then drag to look around
Asking Price
$6,250,000
Listing Courtesy of Anderson & Carr
Paul Snitkin
Paul Snitkin
Anderson & Carr
Inquire about this property
Key highlights
  • High traffic area
  • Large site perfect for possible re-development
  • Excellent Restaurant/Hospitality opportunity
  • Perfect condition
Extended Unit Specifications
Suite Entire Property
Available Now
Clear Height —
Drive-In Bays —
Dock-High Bays —
Office SF —
Restrooms —
Parking Ratio 12.04
Op. Expenses —
Appraiser Data
Parcel Control No.68434216020090070
Assessed Value$2,911,536
Land Value$1,804,325
Improvement Value$1,015,240
Legal Description
VILLAGE OF NORTH PALM BEACH 1
Sale History
Sale 1$4,500,000 · 9/2024
Source: Palm Beach County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 14.9 mi 24 min drive
Ft. Lauderdale (FLL) 51.6 mi
Miami Intl (MIA) 71.9 mi
⚓ Seaports
Port of Palm Beach 3.2 mi
Port Everglades 50.1 mi
PortMiami 72.1 mi