FL
Palm Beach
Delray Beach
33444
524 W Atlantic Avenue
524 W Atlantic Avenue, Delray Beach, FL 33444
Listing Type
commercial/industrial
Listing Status
pending
11
$1,100,000

Home Details for 524 W Atlantic Avenue

Price
$1,100,000
Type
Industrial
Bedrooms
0
Bathrooms
0.0
Square feet
1280
Year built
1956
County
Palm Beach
Garage
Days on site
2690
MLS Listing#
RX-10338648
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
    • Electric
    • Public Sewer
    • Public Water
  • Cooling Information
    • Central
  • Heating Information
    • Central
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from BeachesMLS.
EXIT REALTY DELRAY
1200 NW 17th Avenue Suite 4, Delray Beach, FL 33445
Office
561 376 3706
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