Oldest Restaurant in Delray Beach Sells for $515,000

MIAMI-Greg Schneider has purchased the 2,500-sf Doc's All American Grill, which opened in 1950, for $206 per sf. The sellers were Mike and Ari Kourkoris.

By Melissa Bogdany | March 26, 2003 at 01:01 AM

Working owners Mike and Ari Kourkoris wanted to sell the property because to focus on a moving and storage business they are involved in, Athan "Tom" Prakas, president/broker of The Prakas Group Inc. and the broker involved in the sale, tells GlobeSt.com. Prakas represented Schneider as well as Mike and Ari Kourkoris.

The '50s-style casual restaurant, located at 10 N. Swinton Ave., serves a medley of dishes including burgers, pitas, fries, onion rings, yogurt and shakes.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

1 Tariffs Trigger Sharpest Drop in CRE Confidence Since Pandemic

2 Offices are Landing in Special Servicing Despite Strong Occupancy and Rent

3 Banks, Auto Parts Stores Lead Retail Cap Rate Declines

4 Office Distress Finally Starts Knocking on Investors’ Doors

5 Southeast Apartment Market Faces Looming Slowdown as Permits Plunge

Real Estate
GlobeSt. ELITE Women of Influence (WOI) 2025
July 21, 2025 - Denver

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Real Estate
GlobeSt. Multifamily Fall 2025
October 15, 2025 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information
Workers' Compensation Risk Management Award for Excellence Nominations
May 05, 2025 - Nomination Deadline

The 2025 Workers Comp Risk Management Award for Excellence honors outstanding loss control, safety and return-to-work programs.
More Information

Banks, Auto Parts Stores Lead Retail Cap Rate Declines

By Kristen Smithberg | April 25, 2025

Meanwhile, convenience store cap rates are up seven basis points quarter-over-quarter.

Banks, Auto Parts Stores Lead Retail Cap Rate Declines

Agencies Change Radon Testing Requirements as FHFA Rescinds 2022 Directive

By Shavaun Cotter and Pamela Horne | April 24, 2025

State and local regulations will continue to drive Fannie Mae and Freddie Mac radon testing practices.

Agencies Change Radon Testing Requirements as FHFA Rescinds 2022 Directive

Class B Malls Offer Prime Redevelopment Opportunity

By Kristen Smithberg | April 24, 2025

Reimagined mall designs blend retail, lifestyle, entertainment and essential services.

Class B Malls Offer Prime Redevelopment Opportunity

Leveling Up: Choosing the Best Renters Insurance Partner for Your Multifamily Housing Portfolio link

Guide

Sponsored by Assurant

Leveling Up: Choosing the Best Renters Insurance Partner for Your Multifamily Housing Portfolio

Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.

Browse More Resources ›

The Return to Office: Recovery Still Underway link

Guide

Sponsored by Placer.ai

The Return to Office: Recovery Still Underway

Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!

Browse More Resources ›

The State of Commercial Property Management Technology in 2025 link

Report

Sponsored by Building Engines

The State of Commercial Property Management Technology in 2025

Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.

Browse More Resources ›