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120 S Olive Ave - Turn-Key Restaurant 2,829 SF Retail Condo Unit in West Palm Beach, FL 33401

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INVESTMENT HIGHLIGHTS

  • Highly visible locations on Datura Street
  • Highly walkable area in downtown West Palm Beach
  • Nearby restaurants include E. R. Bradley’s Saloon, Avocado Grill, Club Camelot and 123 Datura Bar & Kitchen

EXECUTIVE SUMMARY

2,829 SF ground floor, turn-key restaurant for sale in the Guaranty Building. Units 103 and 105 measure 2,829 rentable square feet and are located just east of the northeast corner of Datura Street and Olive Avenue. Space is currently under construction for a very high end, upscale restaurant. Sale includes real estate, all new restaurant equipment, and a brand new build-out. Unpriced, make offer. Available Q2 2026..

PROPERTY FACTS

Total Building Size 45,288 SF
Property Type Office (Condo)
Property Subtype
Office/Residential
  • General Retail Restaurant
Building Class B
Floors 8
Typical Floor Size 7,000 SF
Year Built 1925
Lot Size 1.00 AC
Zoning CWD-CD - Clematis Waterfront District - Conservation District, City of West Palm Beach

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Restaurant
  • Security System
  • Direct Elevator Exposure
  • Natural Light
  • Wi-Fi
  • Hardwood Floors
  • Air Conditioning

1 UNIT AVAILABLE

Unit 103-105

Unit Size 2,829 SF
Condo Use Retail
Sale Type Owner User
DESCRIPTION

2,829 SF turn-key restaurant for sale on Datura Street. This ground floor retail condominium unit has been completely gutted and is currently under construction with a planned delivery date of 4Q 2025. Sale will include all furniture, fixtures and equipment. New improvements include a grease trap, subfloor drainage and sewer connections, high end interior build-out, HVAC systems, furniture, lighting, bathrooms, high end fixtures, new entry doors, brand new kitchen equipment, etc. The Guaranty Building is one block south of Clematis Street and 50’ east of north Olive Avenue. Nearby restaurants include E. R. Bradley’s Saloon, Avocado Grill, Club Camelot and 123 Datura Bar & Kitchen. Highly visible location on Datura Street (the main entrance to all waterfront events including the Palm Beach Boat Show, Sun Fest, 4th on Flagler, etc. The unit is currently unpriced do to the unknow costs of the interior build-out with change orders, etc. SEE ATTACHED FLYER. PLEASE MAKE OFFER.

Walk Score®
Walker's Paradise (99)
Bike Score®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36725259

  • Date on Market: 2025-07-14

  • Last Updated:

  • Address: 120 S Olive Ave, West Palm Beach, FL 33401

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