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Restaurant For Lease • 3,460 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste 105 | Retail | 3,460 SF | $24.00 USD/SF/YR | |
Exceptional opportunity to acquire a fully built-out, second-generation Mexican restaurant in a prime location. Paloma is being offered as a lease takeover with a full asset sale, allowing a new owner to walk in fully equipped and operational from day one. The restaurant features approximately 2,860 square feet of interior dining space plus an additional 600 square feet of outdoor patio seating, creating an inviting atmosphere for both everyday dining and high-volume service periods. The space is thoughtfully designed and equipped for continued restaurant operations with an established layout, kitchen infrastructure, furnishings, and operational systems already in place. There are approximately four years remaining on the current lease with a supportive landlord, offering stability and a smooth transition for an incoming operator. Known for its handcrafted Mexican cuisine and popular Happy Hour offered Monday through Saturday, the restaurant has established itself as a recognizable neighborhood dining destination with strong customer appeal and a turnkey operational setup. Ideal opportunity for an experienced restaurateur, hospitality group, or entrepreneur seeking a fully operational restaurant with immediate revenue potential and minimal startup downtime.
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Position your restaurant concept in the heart of downtown Boynton Beach at 510 E Ocean Avenue, a fully built-out second-generation restaurant opportunity available for immediate occupancy. Located along the city's active Ocean Avenue corridor, the property benefits from a walkable coastal setting surrounded by established dining, retail, entertainment, and residential uses that generate consistent activity from both local residents and visitors. The available space offers a turnkey restaurant environment that can help reduce startup time and accelerate opening timelines. Its location near the Intracoastal Waterway and Ocean Avenue's collection of shops, restaurants, and community destinations places operators within one of Boynton Beach's most recognizable commercial districts. The surrounding area attracts beachgoers, residents of nearby condominium and multifamily communities, and patrons attending local events and waterfront activities. The combination of established restaurant infrastructure, outdoor seating potential, and a downtown location creates an appealing opportunity for restaurateurs seeking visibility, customer accessibility, and a vibrant business environment. With immediate availability and frontage along a well-known local corridor, the property is well positioned for operators looking to expand or establish a presence in coastal Palm Beach County.
| Fully equipped kitchen, furniture, fixtures, and equipment included |
| Approximately 4 years remaining on existing lease |
| Established customer base and neighborhood presence |
| Located along Boynton Beach's active Ocean Avenue corridor. |
| Outdoor seating area supports enhanced dining experiences. |
| Walkable downtown location near waterfront destinations. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Boynton Beach Station (Mangonia Park - Miami Airport - Tri-Rail) | 8 min | - | 3.1 mi |
| Delray Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 11 min | - | 6.4 mi |
| Airport | Drive | Walk | Distance |
| Palm Beach International | 21 min | - | 14.3 mi |
Jaime Sturgis
Native Realty Co.
Jaime Sturgis
Native Realty Co.
