FL
Palm Beach
Delray Beach
33444
524 W Atlantic Avenue
524 W Atlantic Avenue, Delray Beach, FL 33444
Share Listing
Listing Type
Commercial/Industrial
Listing Status
pending
11
$1,100,000
Home Details for 524 W Atlantic Avenue
Price
$1,100,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
1280
Year built
1956
Lot size acres
0.1
County
Palm Beach
Garage
Days on site
2804
MLS Listing#
R10338648
Listing courtesy: Atlantic One Realty Group LLC - 561-203-5170
Property Description
This property is being sold vacant and the rents illustrated are conservative net leased rents of $55 per square foot triple net. The rents are only being calculated on the under air space, but the property does offer a fenced in backyard as well. The current use of a free-standing bar is very coveted in Delray Beach as it provides a 750 foot radius restriction from another bar entering the market. Bars get some of the highest rents in the market based on the high margins on alcohol and the ability to operate on a lower overhead with reduced costs on overhead and costs associated with food. This asset is located on Atlantic Avenue East of I-95 and just west of Swinton Avenue.
Property Features
Utilities
- Electricity Available
- Sewer Available
- Water Available
Cooling Information
- Central Air
Heating Information
- Central
Water Features
- Public
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Median Listing Price
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1200 NW 17th Avenue Suite 4, Delray Beach, FL 33445Request more details
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